Articles

Insurance

R&Q in lock-up deal over Accredited sale; anticipates significant cut in proceeds

Closing proceeds now expected between $65m and $110m, down from $170m to $210m.   25 April 2024

Insurance

Chubb likely to shy away from M&A options for foreseeable future

‘Our eyes are always open,’ CEO Greenberg said, but ‘don’t hold your breath’.   25 April 2024

Reinsurance

Hiscox Re & ILS, Ariel Re launch cyber catastrophe consortium CyberShock

CyberShock is designed to ‘materially improve’ the market’s approach to cyber catastrophes.   25 April 2024

Insurance

California moves to bolster FAIR Plan as exposures rise 6% in Q1 alone

The state admits a ‘looming fear’ of assessments is driving out admitted carriers.   25 April 2024

Insurance

Davies names new CEO of consulting in global expansion drive

The insider brings 30 years of senior executive leadership experience to the role.   25 April 2024

Insurance

Zurich North America taps insider for Pro-Fin & cyber leadership

The team will serve the company’s largest US corporate and middle market companies.   24 April 2024

Insurance

Hurricane-prone Louisiana in clutches of rising climate risks: Moody’s

Property insurance is increasingly difficult to afford and obtain in the state.   24 April 2024

Insurance

Greenberg on financial line trends: ‘in a word, simply dumb’

But the ‘vast majority’ of Chubb's casualty book looks very well priced, he claims.   24 April 2024

Insurance

BMS nabs AIG talent to operations c-suite role in reinsurance unit

The acquisition is no newbie to broking after prior tenures with Willis Re & Guy Carpenter.   24 April 2024

Insurance

Commercial rate growth slows again, now at 1% globally Q1: Marsh

P&C renewal rate growth slips, struggles to buoy declines in financial lines & cyber.   24 April 2024

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