Articles

Insurance

Liberty Mutual reveals next president of GRS North America

He will be responsible for businesses in the US, Canada, and Bermuda.   3 December 2024

Reinsurance

WTW heads back to reinsurance broking in JV tandem with Bain Capital

Details due from management in a pending investor call.   3 December 2024

Insurance

Zurich acquires AIG’s global personal travel business in $600m deal

Travel Guard will merge with Zurich’s Cover-More Group and relocate its HQ to US.   3 December 2024

Insurance

Ascot plucks AXA executive to lead new US alternative risk solutions

The hire will be tasked to build and lead a new captive solutions portfolio.   3 December 2024

Insurance

California FAIR Plan sees 63% rise in exposures in fiscal year ‘24

Exposures for the wildfire insurer of last resort have tripled over the past four years.   3 December 2024

Insurance

Ryan unveils leadership positions to boost transactional risk MGA

Appointments include new global CEOs and various regional managing directors.   3 December 2024

Insurance

Florida’s Citizens may shed 137,000 policies in 2025 after 2024 record

Total exposure should fall 15.6% or $60.5 billion to $326.4 billion.   2 December 2024

Technology

Leveraging technology to stay ahead in cyber risk insurance

Emerging technologies, innovative solutions, and a client-centric approach are reshaping cyber risk assessment and underwriting to address evolving threats, says Vanessa Leemans, head of Cyber UK & Lloyd’s at AXA XL.   2 December 2024

Reinsurance

Florida’s Citizens hikes Re & ILS target to $4.5bn in 2025 tower

Exposure reduction has slashed the 1-in-100 residential PML target 31% y/y.   2 December 2024

Insurance

Ryan Specialty reveals new chair and CEO of international underwriting unit RSUM

The company seeks to expand its executive team in line with international growth plans.   2 December 2024

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