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Texas’ TWIA hikes Hurricane Beryl cost estimate; has paid $259m to date
Insurance
The Texas residual insurer now believes it will completely burn through CRTF reserves.   15 October 2024
QBE ships in new specialty offering with US inland marine launch
Insurance
It has made a triple swoop on AIG for the offering slated to launch in 2025.   15 October 2024
Specialist Risk sets sights on Asia Pacific with broker acquisition
Insurance
CEO Downey says it has ‘great plans for building a business in Asia for Asia’.   15 October 2024
Reinsurance
New US CEO and vice chair to help drive Aon’s US reinsurance solutions strategy.   15 October 2024
Insurance
The appointee will lead the construction team and oversee two key sectors in the region.   15 October 2024
Insurance
TWIA last estimated rate inadequacy at 38% for residential policies and 45% for commercial policies.   15 October 2024
Reinsurance
The fund has locked in €100m investment, aiming for a total size of €500–€700m.   15 October 2024
Reinsurance
Handing of reins to well-rounded insider suggests no overhaul of strategy is likely.   15 October 2024
Insurance
Three new casualty experts to join its renewable energy unit.   15 October 2024
Insurance
The new practice will target construction clients across the UK and Ireland.   14 October 2024

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