News

Reinsurance

Florida property cat can’t help but be well priced at mid-year: Arch

Inflation and storm outlook are near-term supportive, slow reform impact can aid for years.   1 May 2024

Insurance

BMS launches new global practice under ex-Guy Carpenter/JLT veteran

BMS seeks to build largest medical malpractice team in London Market.   1 May 2024

Insurance

Arch would take more M&A deals in earnings diversification drive

Targets could be full-fledged firms like the AGCS deal or production teams by business line.   1 May 2024

Insurance

Upward pressure on liability rates rising to-date in 2024: Gallagher

Concerns over liability rate adequacy ‘seem to be louder today’ than just one month ago.   26 April 2024

Insurance

Pen Underwriting extends Irish specialist fleet deal with Zurich

The multi-year agreement carries the partnership over the 25-year mark.   26 April 2024

Alternative Risk Transfer

Jamaica secures $150m World Bank cat bond for four hurricane seasons

Its parametric structure allows for faster insurance payouts post event.   26 April 2024

Insurance

Insurance brokers claim non-compete ban won’t trigger rise in attrition

Gallagher and WTW lean on non-solicitation clauses to protect clients and remaining staff.   26 April 2024

Reinsurance

Munich Re claims big Q1 earnings beat as major claims go absent

The P&C reinsurance combined ratio came in more than 4pts below consensus.   23 April 2024

Insurance

Consilium snares Aon talent to expand delegated business within Lloyd’s and London

The executive previously held roles at Convex and SCOR.   30 April 2024

Insurance

US P&C can take margin in ’24 on premium gains & disinflation: Swiss Re

Swiss Re ups its premium growth forecasts from January view; personal lines still lead.   23 April 2024

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