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AXIS Capital nabs talent from Argo Pro to lead its E&O offer in the US
Insurance
AXIS Capital nabs talent from Argo Pro to lead its E&O offer in the US
The 35-year Pro-Fin vet brings pedigrees from Western World, Travelers, TM HCC, and USI.   19 April 2024
Marsh won't go wholesale despite E&S heat; likes holding clients close
Insurance
Marsh won't go wholesale despite E&S heat; likes holding clients close
Marsh puts E&S-style deals to admitted solutions if possible, to niche wholesalers if not.   19 April 2024
Reinsurers show enough cat appetite to clear mid-year Florida renewals
Reinsurance
Reinsurers show enough cat appetite to clear mid-year Florida renewals
Cedant demand is pushing up the tops of towers, matching reinsurer appetite: GuyCarp.   19 April 2024
Insurance
Allstate Q1 nat cat tally tames to $731m versus prior year slaughter
March rose to $328m, chiefly on a single hail event; no mention of convective storm.   18 April 2024
Insurance
Cyber insurance can’t hold its margin amid capacity surge, Fitch says
Current margin looks ‘unsustainable’ as market competition ‘intensifies.’   18 April 2024
Alternative Risk Transfer
Mexico taps cat bond market, takes $420m for 4Y across 3 key perils
ILS funds and hedgies from the US and Europe led the World Bank/IBRD deal.   18 April 2024
Insurance
Q1 insured nat cat losses hit $20bn, convective storms dominate again
Harsh hurricane outlook ‘bears close watching’ on what is still ‘a difficult US market.’   17 April 2024
Insurance
Allianz Commercial taps insider for global marine leadership role
The new marine chief brags a pedigree from Allianz, Chubb, Aspen and Tokio Marine.   17 April 2024
Alternative Risk Transfer
SageSure MGU closes consecutive cat bond deal for Gateway Re at $130m
The deal brings the SageSure-supported cat bond tally via Gateway Re to $1.16bn.   17 April 2024
Insurance
Price competition is back, just as claims inflation tames, CFOs warn
‘Pricing and competitive environment’ is the rising star on the CFO worry list for 2024.   17 April 2024

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