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Allstate cuts Florida reinsurance tower at mid-year, shifts toward ILS
Reinsurance
ILS starts the heavy lifting from the $340m mark, less than half the prior year trigger.   2 August 2024
Guy Carp says market should focus on ‘kitty cats’ over single super cat post-CrowdStrike
Insurance
Insured losses from CrowdStrike IT outage up to $1bn, broker predicts.   2 August 2024
AXA solidifies position in Italian P&C market with €423m+ acquisition
Insurance
AXA expects the deal to diversify its distribution channels in the Italian market.   2 August 2024
Insurance
CEO Gayner is encouraged as ‘corrective actions’ in key product lines start to pay off.   2 August 2024
Insurance
The deal comes six months after it merged with GMBC.   2 August 2024
Insurance
The insurance group plunged to a substantial loss in Q2 compared to $1.5bn profit last year.   1 August 2024
Insurance
The company has launched a new board to accelerate the buildout of its business.   1 August 2024
Insurance
The acquired firm has a presence in all 50 US states.   1 August 2024
Insurance
The appointment comes amidst a ‘significant expansion’ of its underwriting team.   30 July 2024
Insurance
Emerging risks and advances in AI and digital technology mean that the skills required in the future will not be the same as those needed in the past, says Aon partner.   2 August 2024

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