Articles

Insurance

Australian re/insurers to foot nearly A$1bn bill for severe October storms

Loss aggregator PERILS has disclosed its second industry loss estimate for the Southern Australia storms in 2021.   31 January 2022

Insurance

Chaucer splits energy unit, eyes several strategic hires in big push for renewables

A new class underwriter for renewable power is set to join the re/insurer in second quarter.   31 January 2022

Insurance

IGI nabs new chief risk officer from Arch Capital

The hire has handled key projects at Arch such as implementing Brexit plans.   31 January 2022

Insurance

Insurtech Stubben Edge gains growth investment from Dowgate and Lloyd’s investors

The insurtech aims to ‘revolutionise’ insurance distribution, and ‘rebalance’ the financial industry.   31 January 2022

Insurance

Brit hires first chief data officer

The move aims to further drive digitalisation in the London market.   31 January 2022

Insurance

Climate risks MGA Descartes raises $120m, targets global growth

The Paris-based unit is structured as an MGA backed by a panel of tier-one risk carriers.   31 January 2022

Insurance

Gallagher sees constant pressure on P&C rates; bets hardening will last the year

Latest January deals ‘not seeing rate relief in any way, shape, or form’.   28 January 2022

Insurance

Everest restructures US casualty business, sharpens focus on sustained growth

The move aims to increase its speed to market, and better serve wholesale/retail sectors.   28 January 2022

Insurance

Gallagher can muster $4bn for M&A through 2024, bullish on pipeline

Willis Re looks to deliver promised gains; integration won’t derail M&A hunt.   28 January 2022

Insurance

AXIS slashes property cat reinsurance exposure at 1.1 renewals to nurse bottom line

70-75% reduction in premiums in key cat lines take 10 percentage points from property weight in books.   28 January 2022

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