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Insurance
WTW takes 8% growth in broking in Q1, remaining segments lag
CEO Hess claims broking revenues are rate-indifferent, credits retention & new business.   25 April 2024
Reinsurance
Gallagher Re adds C-suite power from Hiscox to drive growth in UK
The broker has also appointed a global transformation director.   30 April 2024
Insurance
Beazley builds 7% Q1 growth on property burst, on track for ‘24 target
Beazley may have finished reducing reinsurance cessions; gross-to-net should be flat.   29 April 2024
Insurance
WTW launches Markel-led cargo and war-on-land risks facility in Ukraine
The London Market facility is the first insurance solution for war risks within the borders of Ukraine.   13 May 2024
News
Baltimore files suit on bridge collapse, cites outsize economic impact
Dali owner and operator showed ‘gross negligence and recklessness’ putting faulty ship to sea.   24 April 2024
Insurance
QIC profit surges on turnaround; predicts ‘softer’ market ahead
The results benefited from strong growth in domestic and MENA markets.   9 May 2024
Insurance
Ardonagh snaps up €45.5m GWP broker in ‘mature and complex’ European market for expansion
It builds on a series of recent acquisitions in Ireland, the Netherlands, Switzerland, and Greece.   30 April 2024
Insurance
Allianz AGCS pulled back in financial lines, cyber & aviation Q1
Hesitance to poorly-priced lines led to a 2.3% y/y decline in AGCS Q1 business volumes.   15 May 2024
Insurance
Liberty Mutual returns to Q1 underwriting gain; trims every loss metric
Reinsurance and commercial property lead growth to balance retreat in personal lines.   10 May 2024
Insurance
Chubb has Baltimore Bridge exposure, but 'nothing outsize,' CEO claims
The exposure fits the Chub large loss profile ‘within what we would contemplate.’   24 April 2024

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