News

Insurance

NSM Insurance acquired by PE giant Carlyle for whopping $1.8bn

White Mountains signs definitive agreement to sell the specialty insurance MGA.   9 May 2022

Insurance

Generali expands presence in India

The insurer eyes high potential, fast-growing markets to deliver profitable growth.   9 May 2022

Insurance

SCOR speeds nat cat retreat, recalibrates models to 5Y mega losses

‘We have to walk away; we have to be able to walk away’: CEO   9 May 2022

Insurance

Lloyd’s broker Tysers to be sold for £500m to Australian firm

It is the sixth-largest wholesale broker in the Lloyd’s marketplace with A$3.6bn annual GWP.   9 May 2022

Insurance

US insurance industry adds 19.7k jobs in April, multi-decade record

New view to March shows job declines in claims adjusting & some non-life carrier lines.   9 May 2022

Insurance

Chubb Canada president to exit after 20 years; replacement revealed

The appointee has nearly 30 years of experience in the Canadian market.   9 May 2022

Insurance

Verisk shuffles leadership in strategy reboot

The company intends to separate the roles of chair and CEO to improve corporate governance.   9 May 2022

Insurance

Pool Re reveals ‘most significant’ reduction in reinsurance pricing

The reduction will come into effect from October 2022.   9 May 2022

Insurance

Buffett’s buy: Alleghany shows Q1 underwriting rebound, but profit down

Reinsurance unit TransRe axed major deal to end Q1 with decline in net written premium.   6 May 2022

Insurance

Zurich nabs ‘notable’ Willis/Chubb/GCube leaders for new sustainability roles

The insurer aims to extend its efforts ‘beyond reducing our own carbon footprint’.   6 May 2022

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