Articles

Insurance

Broker Aon could close purchase of NFP in days, well ahead of target

Aon had justified the move on the need to muscle in on mid-market, at no cost to brokers.   22 April 2024

Insurance

PERILS pegs Babet-Aline storm damage at €691m in 6M update

The British isles took the brunt of the storms at £474m, chiefly flood damage.   22 April 2024

Insurance

Hard markets and remediation pay off: London Market put to positive

‘Strong’ pricing across most lines spells solid underwriting profit, AM Best says.   22 April 2024

Insurance

Travelers still won’t touch Florida, sees further reform needs

Tort reform helped, but mandatory cat costs for admitted players skews the field.   22 April 2024

Insurance

Markel snags HDFC ERGO talent to head Indian underwriting operations

The appointee has 20 years’ experience and is expected to enhance growth in Asia.   19 April 2024

Insurance

DARAG buys major UK employer liability captive book

DARAG claims ‘a number of other attractive opportunities’ for M&A in advanced stage.   19 April 2024

Insurance

Energy sector drawing strong insurer capacity to stabilize market: WTW

But insurers are turning ever more savvy, creating a gulf between the best and the rest.   19 April 2024

Alternative Risk Transfer

American Coastal returns to cat bonds after 10-year break, places $200m

The carrier worked via Armor Re, marshalled for issuance of the United Insurance group.   19 April 2024

Insurance

AXIS Capital nabs talent from Argo Pro to lead its E&O offer in the US

The 35-year Pro-Fin vet brings pedigrees from Western World, Travelers, TM HCC, and USI.   19 April 2024

Insurance

Marsh won't go wholesale despite E&S heat; likes holding clients close

Marsh puts E&S-style deals to admitted solutions if possible, to niche wholesalers if not.   19 April 2024

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