News

Insurance

Mitsui Sumitomo seals $400m deal to buy Transverse for US expansion

The move signals MSI’s growing interest in the US MGA market.   10 August 2022

Insurance

Argo slips to loss despite targeting ‘most attractive business lines’

The re/insurer swung to a loss in both Q2 and first half of 2022 on investment hit.   10 August 2022

Insurance

Apollo draws Beazley underwriter as head of property

The appointee will focus on developing Apollo’s D&F property and binders portfolios.   10 August 2022

Insurance

Hudson nabs WTW cyber leader to enhance market position

The hire has 15 years of cyber and professional liability underwriting and broking experience.   10 August 2022

Reinsurance

Latam growth: ‘region is not for opportunist, short-term capital’

The rise of a resilient middle class makes for an attractive risk landscape, creating opportunity for re/insurance market growth, says Deutsche Rück’s Florian Kummer.   9 August 2022

Insurance

Munich Re likes property XoL in race to capture rate over inflation

At July renewals, Munich Re added ca. 25% in property XoL for 8% rate gain over inflation.   9 August 2022

Insurance

Talanx reappoints ‘outstanding’ chair and CEO ahead of schedule

Torsten Leue to remain in the top post until May 2028.   9 August 2022

Insurance

Dive In ready to break new grounds with ‘biggest-ever’ festival yet

The festival is returning to tackle new challenges around diversity, equity & inclusion.   9 August 2022

Insurance

Aon doubles down on digital solutions with leadership reshuffle

The broker hands new chief digital officer role to its COO.   9 August 2022

Insurance

Lemonade trims nearly 1/3 of quota share reinsurance cession since launch

Recent M&A target Metromile sports half the coverage; policies for integration in 2023.   9 August 2022

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