MGAs / MGUs

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Alternative Risk Transfer
Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.
Insurance
The multi-year agreement carries the partnership over the 25-year mark.
Insurance
The new appointment steps in as head of capacity and ceded reinsurance.
Insurance
The purchase aims to extend Chubb’s reach in a ‘vastly underpenetrated market.’
Insurance
Long-time president Ben Francavilla plans to retire.
Insurance
Says regulatory changes have ‘reduced strategic attractiveness’ of direct equity participation.
Insurance
UK market first, then global expansion, says new CEO on strategy.
Insurance
WTW launched the MGU in October 2023 with capacity backing from Markel.
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26 April 2024   Its personal lines broker business in the UK LV= rebrands to Allianz.
26 April 2024   The multi-year agreement carries the partnership over the 25-year mark.
26 April 2024   The appointee has been at CBI Wales for 19 years.
26 April 2024   The company raised $5.2 million in funding last year.
25 April 2024   CEO Wenning confirmed €5bn profit target, but also noted 3Y streak of beating plan.
25 April 2024   Closing proceeds now expected between $65m and $110m, down from $170m to $210m.
25 April 2024   New board appointee ‘blown away by Cytora’s capabilities and use of AI’.
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