Articles

Insurance

US insurance industry picks up the hiring pace Q2, adds 11,000 jobs net

P&C carriers take up the baton: April brought the highest job gain since January 2022.   7 June 2024

Insurance

Apollo expands board with former SiriusPoint CEO

Appointee also holds positions on Sompo International and CCR Re boards.   7 June 2024

Reinsurance

Brokers and carriers must work together to offer value to customers

Early and constant communication is key for strengthening client relationships, James Riviezzo, head of national broker relations for At-Bay, told the Cyber Risk & Insurance Innovation USA conference at the end of May.   6 June 2024

Insurance

Lloyd’s goes bigger in Americas and Caribbean; eyes ‘opportunities to expand’

It is launching a new hub in LatAm, may target US E&S as sector ‘continues to grow’.   6 June 2024

Insurance

Targeting specialty P&C market, Ambac buys majority stake in Beat for $282m

Ambac is also selling its financial lines book to Oaktree in a transformation strategy.   6 June 2024

Insurance

Arch Capital’s first sign of a market turn: dislocations disappeared

Arch sifted dislocations for years for above-market growth; those days are gone.   6 June 2024

Insurance

DARAG inks first outsourced service deal with Italy’s Unipol

DARAG to manage all non proportional open claims related to the runoff of Unipol Re.   5 June 2024

Insurance

US personal lines bounce back on rate gains, Moody’s ups outlook

The sum of higher rate and tighter T&C now outweighs drag from inflation and reinsurance.   5 June 2024

Insurance

SRG MGA seals new European capacity deal to boost underwriting firepower

MX looks to scale its business and trade appetite in the UK and Ireland.   5 June 2024

Technology

AI: friend or foe for insurers?

That was the subject at a panel discussion at Airmic this week.   5 June 2024

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