News

Insurance

US surplus lines grew 10% in H1 ’24, property submissions slow

Momentum shifts to stressed non-core E&S lines; auto, residential take E&S growth podium.   6 August 2024

Insurance

Lloyd’s and seven syndicates earn upgrades after central fund insurance renewed

Lloyd’s CFO says it is exploring a post major market loss contingent capital solution.   8 August 2024

Reinsurance

Munich Re wants to add more ‘global’ to its specialty drive

A chiefly organic drive is mulled, but the units’ initial market in the US could see M&A.   8 August 2024

Reinsurance

Munich Re pushes past the cats to boost Q2 margins

Q2 major losses rose 60% y/y to €957m; leaving more than 5 ratio points to overcome.   8 August 2024

Insurance

Everest taps ex-Chubb, Liberty senior executives for US leadership roles

Key executives to lead its US wholesale and programmes business.   8 August 2024

Insurance

The Hartford ups E&S binding 90% y/y Q2 in its small market drive

Amwins and Ryan Specialty were recently taken on to spearhead the initiative.   29 July 2024

Insurance

Natural disasters rack up $60bn in insured losses in H1 2024: Swiss Re

Severe US thunderstorms piled up $42bn, 87% above ten-year average.   7 August 2024

Reinsurance

Arch went cat-shy mid-year as forecasts raged, but could swing any day

With a full field of well-priced lines, why chase cat ‘at the risk of being unlucky?’.   5 August 2024

Insurance

Gallagher says E&S accelerates even as doors open to admitted carriers

Wholesale submission rates have Gallagher looking to ever higher E&S growth in ’24.   26 July 2024

Reinsurance

Munich Re enjoys upgrade, ‘well with peers’ on profit, better in diversification

S&P says Beryl, CrowdStrike, Baltimore losses likely within Munich Re’s loss budget.   26 July 2024

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