Articles

Insurance

AIG profit slumps on Fortitude Re losses, yet CEO bullish on 2024 growth

CEO Zaffino praises improved underwriting results and multiple complex initiatives.   14 February 2024

Insurance

Tokio Marine HCC lands SCOR expert to lead new London power portfolio

The insurer says it has identified clear growth opportunities across the energy market.   12 February 2024

Insurance

WTW powers up Japan drive with top exec from Starr, Marsh/Sompo veteran

Japan is a key market in supporting WTW’s growth, says broker.   9 February 2024

Insurance

Everest writes primary casualty reserves to undercut Q4 underwriting profit

Uptick in investment earnings plus tax boon paper over insurance woes, up profits 62% y/y.   8 February 2024

Insurance

Markel bolsters London leadership for hull and war growth

Insurer boosts hull capacity to $150m and war risks $150m.   8 February 2024

Reinsurance

Hannover Re grows book 6.9% at 1.1, leans XoL to help 2.3% price gain

Hannover grows in XoL at twice the rate of QS, cyber leads cut in American proportional.   7 February 2024

Insurance

Tokio Marine TMHCCI oboards marine talent from Marsh-owned MGA Lavaretus

The insurer says the MGA has a ‘profitable book and discerning risk appetite’.   7 February 2024

Insurance

WTW lauds ‘healthy pipeline for 2024’ in its FY 2023 results

CEO Hess pleased with ‘robust momentum’ and 7% revenue rise YOY.   6 February 2024

Reinsurance

SCOR grows 13.6% at 1.1, ends-around core P&C for margin gain

Alternative solutions provides 71% of y/y growth; core P&C flat, specialty cherry-picked.   6 February 2024

Reinsurance

Aon has new plans for reinsurance skills to hold growth as rate slows

Fac, ILS and more from reinsurance palate can be directed to corporate risk clients.   6 February 2024

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