Articles

Insurance

Fairfax buys $734m more stake in Allied World; swings to loss in Q3

The Canadian carrier now owns 82.9% stake in its subsidiary.   4 November 2022

Insurance

AIG appoints former Goldman Sachs/Credit Suisse and GE leaders to board

The insurer’s lead independent director has decided not to stand for re-election.   4 November 2022

Insurance

Hannover Re can cover rising retro costs with new rate across markets

The reinsurer can keep its retro structures even while seeking major overhaul from primaries.   3 November 2022

Insurance

Hannover Re can hit 2022 targets even as Ian submerges large loss budget

Hannover Re books €276m on Ian after underweighting Florida, but FY budget now exceeded.   3 November 2022

Insurance

Hamilton picks Munich Re veteran for specialty leadership role in US following departure

Appointee to serve as CEO of US E&S insurer Hamilton Select.   3 November 2022

Insurance

Chubb poaches head of hull from Allianz for Global Markets

The appointee is also a member of Lloyd’s Market Association’s Joint Hull Committee.   3 November 2022

Insurance

Marsh McLennan Agency expands presence with dual M&A deals

The agency has acquired personal and commercial insurance brokerages in the US.   3 November 2022

Insurance

Gallagher buys MGA to tap growth opportunities in Texas, US

The acquired firm offers commercial, farm and personal insurance to independent agents.   3 November 2022

Insurance

Markel’s ILS unit Nephila will face AuM flow and earnings pressures

Recent cat activity and investor fatigue will ‘adversely impact’ AuM trend: CEO   2 November 2022

Insurance

WTW taps new head of risk and broking in US Southeast

The executive to replace Doug Pera, who plans to retire at the end of 2022.   2 November 2022

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