Articles

Reinsurance

SCOR hit with fresh ratings blow as AM Best signals trouble and places on watch

It follows an unheralded mass of new reserves in life & health.   25 July 2024

Alternative Risk Transfer

RenRe sees Q2 ILS outflows on cat bond profit taking & capital release

Q2 fundraising fell 76% y/y to a mere $84.5m; ILS fee income takes its own upward course.   25 July 2024

Insurance

BMS bolsters UK growth strategy

The broker has tapped a 13-year veteran as UK chief growth officer.   25 July 2024

Insurance

‘Material impact’ on cyber loss ratios looms from CrowdStrike outage: Amwins

The event might drive a push towards clarity and consistency in wording and new exclusions.   25 July 2024

Insurance

Ryan Specialty supercharges financial lines MGU with ‘largest’ international facility

It has secured a new facility to write management, financial, and professional lines.   25 July 2024

Insurance

Insurtech UK launches new panel to accelerate innovation

The advisory panel consists of senior leaders across the UK insurance industry.   25 July 2024

Insurance

Optio expands into Europe with major MGA acquisition

The acquired company specialises in business-to-business insurance solutions.   25 July 2024

Insurance

RSA takes UK expansion up a notch with ex-AIG/Markel hire

New hire to help the insurer ‘outperform’ competitors in the Bristol market.   25 July 2024

Insurance

First insured loss estimates emerge from major worldwide IT outage

Parametrix says cyber insurance losses likely 10% to 20% of the total outage damage.   24 July 2024

Insurance

Chubb claims broad swathes of rate adequacy inspire a reach for growth

‘Where rate is adequate, we are growing as fast as we can,’ CEO Greenberg said.   24 July 2024

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