Articles

Insurance

Long-tail casualty reserves upped in 2023, need more for ’24: AM Best

‘The numbers and the stories behind them indicate worsening reserve risk,’ say analysts.   16 April 2024

Insurance

UK non-life insurance outlook hiked to stable as inflation tames

Personal lines have turned the corner on pricing; commercial & specialty ‘remain favourable’.   3 May 2024

Reinsurance

Hamilton earns rating boost as strategy pays off in favourable market

CEO Albo hails ‘remarkable business transformation’ and improved underwriting.   2 May 2024

Insurance

General liability takes rate, but not at pace with legal threats: AM Best

The segment should perform ‘strongly’ in ’24, but can’t escape negative outlook.   11 April 2024

Insurance

Hard markets and remediation pay off: London Market put to positive

‘Strong’ pricing across most lines spells solid underwriting profit, AM Best says.   22 April 2024

Reinsurance

Reinsurance start up dearth will continue; investors may stay hesitant

Conditions are robust for new entrants, more complex for their would-be backers: AM Best.   4 April 2024

Insurance

Fairfax, Allied World outlooks turns positive on strong performance

Positive shift due to improved underwriting earnings, cash flow, and stability.   10 May 2024

Technology

Insurtech funding falls to 4Y low in Q1 on dearth of mega deals

But early-stage deals soar to third best quarter on record; AI in focus at 28% of tally.   10 May 2024

Insurance

Aon’s North American chief steps down ahead of year-end exit after 33 years

She is credited for building ‘inclusive’ teams; will transition to executive chair.   17 May 2024

Insurance

Hamilton to buy back $109.5m of stock from Blackstone at ‘attractive’ price

The repurchase marks Blackstone’s exit from Hamilton Insurance investment.   9 May 2024

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