Articles

Insurance

Subsidence claims spike as UK records warmest spring on record

ABI says insurers supported 9 000 homes hit by subsidence in H1 of 2025.   12 August 2025

Insurance

IGI profits surge 60% with solid top line growth in 2021

The re/insurer’s GWP increased 17%, thanks to new business and rate increases in all segments.   14 April 2022

Insurance

IGI worked claims & rate to hack 12 points from Q1 combined ratio

Q1 GWP rose 27% on ‘robust’ rate gains, seen still ‘favourable for the foreseeable future’.   20 May 2022

Insurance

Palomar enters Neptune orbit, joins MGA carrier panel

Both companies want to widen flood coverage throughout the US.   27 June 2025

Insurance

Ryan Specialty to acquire cat MGA Velocity Risk for $525m, excluding E&S carrier

Commercial property insurer FM to acquire E&S carrier Velocity Specialty Insurance.   8 January 2025

Insurance

General Electric takes $6.2bn reinsurance charge

General Electric (GE) is taking an after-tax GAAP charge of $6.2 billion for the fourth quarter of 2017 on its legacy insurance portfolio.   16 January 2018

Insurance

MGU Fidelis secures $2bn refinancing deal to fund growing GWP

It plans to expand its presence and grow its Pine Walk MGA platform to over $1 billion in GWP by 2025.   23 September 2024

Insurance

SiriusPoint strengthens European MGA play, grows marine book with DUPI

Expansion part of SiriusPoint’s push into specialist underwriting across Europe.   19 June 2025

Insurance

Axis keeps MGAs on a tight leash amid pricing concerns

Bermuda-based insurer picks profits over premiums, avoids price wars, CEO says.   30 July 2025

Insurance

Insurers must do more to attract talent: EAIC panel

Many APAC insurers face a staff shortfall in coming years, but there is cause for optimism.   26 September 2024

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