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Troubled insurtech unicorn formerly backed by Hollywood actor exits key market
Insurance
Troubled insurtech unicorn formerly backed by Hollywood actor exits key market
The company has cut back its underwriting and some of its top leadership in a turnaround effort.   2 August 2024
Brown & Brown snaps up trade credit insurance broker
Insurance
Brown & Brown snaps up trade credit insurance broker
The acquired firm offers credit insurance solutions for banks and commercial lenders.   7 August 2024
AXA solidifies position in Italian P&C market with €423m+ acquisition
Insurance
AXA solidifies position in Italian P&C market with €423m+ acquisition
AXA expects the deal to diversify its distribution channels in the Italian market.   2 August 2024
Insurance
Emerald Bay to launch new excess & surplus commercial property offering
It has formed a strategic partnership with MGA Curotech Specialty.   6 August 2024
Insurance
Tokio Marine taps Arch talent to grow professional lines
Appointee to lead healthcare insurance for its cyber & professional lines group.   6 August 2024
Insurance
Ambac doubles P&C operations, Beat gains firepower to expand globally
The acquisition places Ambac on track to produce approx. $1.4bn in premiums for 2024.   5 August 2024
Insurance
Guy Carp says market should focus on ‘kitty cats’ over single super cat post-CrowdStrike
Insured losses from CrowdStrike IT outage up to $1bn, broker predicts.   2 August 2024
Insurance
Arch-Allianz $1.4bn deal goes through
Nearly 500 former Allianz MidCorp and Entertainment employees have joined Arch.   1 August 2024
Insurance
Prudential appoints new Greater China CEO
A former senior leader from Citi to assume the key role.   6 August 2024
Insurance
Specialty focus pays off, AXIS profit soars 42% in Q2
The reinsurer said it will continue to lean into ‘attractive’ specialty markets.   31 July 2024

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