Florida property insurers are leaning into US reinsurers: AM Best
The group drew over $1bn in claims from its US-based reinsurers in 2021, double from 2019.
Venbrook bolsters leadership as it eyes growth in US and overseas
Ex-McLarens exec to spearhead its claims division to expand third party administration capabilities.
Insurers warned of ‘deteriorating’ sector outlook in 2023 as inflation spikes
Fitch warns weaker insurers and those with weak risk management of negative rating actions.
Inver Re nabs Enstar CFO to build legacy solutions capability
The legacy market is growing as the inflation puts pressure on reserves.
Atlantic set for rugged September, but full-year warnings ring hollow: CSU
Odds of reaching the predicted ‘above average’ season ‘seem quite unlikely at this time’.
Allianz lands AIG/Swiss Re leader with ‘tremendous reputation’ for key US role
AGCS reshuffles NA distribution team in favour of large corporate business expansion.
Acrisure Re looks to BMS to lead expansion into North American market
New managing director brings 25 years’ experience, including at Twelve Capital & Credit Suisse.
Enduring high inflation could lay ambush for liability reserves: Guy Carpenter
Inflation-denial and Covid backlogs may spell ‘delayed and amplified’ hit to reserves.
Howden turns to M&A to grow Swiss market presence in Europe push
Howden seeks to cement its position as one of the ‘leading brokers’ in Europe.
Everest bolsters international reinsurance leadership in growth move
New appointees to help expand its reinsurance business across Continental Europe.
