Articles

Insurance

US commercial P&C renewal rates rise in November, led by auto

Workers’ compensation shows first annual increase in renewal rates in years.   6 December 2023

Insurance

Gallagher snaps up US brokerage specialising in coverage for unions

The acquired retail property/casualty agency is based in Illinois.   6 December 2023

Insurance

Hard market still riding on fear; the end is not in sight: WR Berkley

Investment earnings may eventually dent pricing, but too many players ‘stuck’ near-term.   5 December 2023

Insurance

Optio brings new capacity to political violence & terrorism market

The MGA has entered into an agreement with a new US-based carrier.   5 December 2023

Insurance

Zurich will further its lean into mid-market commercial insurance

The commercial portfolio remains overly tipped to Zurich’s large-corporate core.   5 December 2023

Insurance

US commercial lines have rate & discipline to defend margins: AM Best

Pricing momentum now ‘well past its peak,’ still underpins ‘robust underwriting results’.   5 December 2023

Insurance

Aspen gears up for potential New York IPO

The insurer is likely to hold its IPO in New York rather than London.   4 December 2023

Reinsurance

Florida’s Citizens may seek $5.5bn in reinsurance in 2024

Reheat of depopulation cut exposure growth in H2 2023 to hold 2024 1:100 PML in line.   4 December 2023

News

Markel parts ways with top insurance operations executive

The move comes as the insurer rejigs its operations to increase market presence.   1 December 2023

Insurance

AIG appoints new general counsel as Walsh declines role

Patricia Walsh has decided to stay with her current employer.   1 December 2023

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