Articles

Insurance

ProSight ‘first’ commercial P&C insurer to convert to PBC amid push for ESG

The company has also changed its name to Coaction Specialty.   20 April 2022

Insurance

Gallagher buys new specialty lines wholesale broker in US

The acquisition will expand its high-net-worth offerings in the Midwest region.   20 April 2022

Insurance

Travelers likes commercial rate, can add margin at no cost to retention

‘If we weren't able to achieve what we want to achieve, retention would be lower’.   20 April 2022

Insurance

Alleghany fails to get better offer to block $11.6bn Berkshire buyout

The company spoke to 31 potential buyers, but didn't receive any offers.   19 April 2022

Insurance

Insurtech Ethos draws Swiss Re talent as chief underwriter

She most recently served as underwriting innovation lead for the Americas at Swiss Re.   19 April 2022

Insurance

Travelers bumps Q1 net 40% as nat cat falls away; premiums rise 11%

Commercial shows ‘stable & rational rate environment’ on 9% rate gain & record retention.   19 April 2022

Insurance

TigerRisk taps RenRe/Guy Carpenter exec for top global casualty role

The reinsurance broker sees major growth opportunities in the casualty market.   19 April 2022

Insurance

US insurers clear of Russian assets pre-war, over-covered by energy

Single life segment name held 33% of US insurer holdings of Russian bonds.   19 April 2022

Insurance

Insurtech Kin enters cat bond market with upsized $175m Hestia Re deal

Swiss Re Capital Markets and TigerRisk acted as joint structuring agents and bookrunners.   19 April 2022

Insurance

Travelers faces activist push: climate, race & lobbying hit AGM agenda

Travelers unbending on climate, calls appeal ‘unwarranted intervention’ in business model.   13 April 2022

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