Articles

Insurance

Hurricanes Helene and Milton to drive up to $55bn in industry losses: Moody’s RMS

Preliminary estimate reflects insured wind, storm surge, and inland flood impacts from both events.   14 October 2024

Insurance

Ardonagh Group seals deal for APAC expansion with Australian M&A

It will combine PSC’s Australia and New Zealand operations with Envest Group.   11 October 2024

Insurance

Liberty Corporate Capital named to Lloyd’s council as external member

The company will be represented by a senior executive and board director.   11 October 2024

Insurance

Top leadership change at Arch as Grandisson to exit

Grandisson to retire from the business after over two decades.   14 October 2024

Reinsurance

No signs of turmoil at Arch Capital amid sudden boardroom shift

Handing of reins to well-rounded insider suggests no overhaul of strategy is likely.   15 October 2024

Insurance

Hurricane Milton hits over 150,000 Florida buildings: ICEYE

The figure is similar to, or even more than Hurricane Helene.   14 October 2024

Insurance

AXIS names new Ireland CEOs in European specialty strategy

Current AXIS Re SE and AXIS Specialty Europe CEOs to depart the business.   14 October 2024

Insurance

Hurricane Milton to trigger $25-$50bn in insured losses: Jefferies

Milton is likely an earnings event and will not raise property reinsurance rates in 2025.   11 October 2024

Insurance

WTW lures Aon veteran to boost corporate risk & broking growth in APAC

New hire to join as head of the Philippines and CRB Philippines in January 2025.   3 October 2024

Insurance

WTW targets stronger cash flow and strategic focus with $632.4m divestiture

The broker will take a non-cash charge to the tune of up to $2.1b from Tranzact sale.   3 October 2024

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