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Insurance
Ardonagh swoops on Brazilian broker for LatAm expansion
It will fund the £123 million deal through the group’s liquidity.   17 May 2024
Alternative Risk Transfer
Mexico ‘setting the standard’ with $175m World Bank cat bond for hurricane risk
New bond significantly expands Mexico’s coverage for Pacific hurricane risk.   17 May 2024
Insurance
US commercial property remains tight, auto volatile: CIAB price survey
‘Most respondents found commercial property one of the most difficult lines to place.’   17 May 2024
Insurance
Aon’s North American chief steps down ahead of year-end exit after 33 years
She is credited for building ‘inclusive’ teams; will transition to executive chair.   17 May 2024
Insurance
AXA XL names C-suite executive to drive APAC & Europe broker strategy
Its growth plans are focused on multinational and mid-market solutions.   17 May 2024
Insurance
Markel taps Howden, AIG expertise for Chinese market expansion
The insurer has bolstered its marine, PFR & cyber underwriting and analytics expertise.   17 May 2024
Reinsurance
SCOR will continue to cut property cat and US casualty allocations
But rising demand in property cat could ensure hard market through 2025, Conoscente said.   17 May 2024
Insurance
Beazley snares senior Aon/Marsh talent for top US cyber role
The re/insurer looks to capitalise on opportunities in the US cyber space.   17 May 2024
Reinsurance
SCOR on Q1 margin slide: we build reserve buffers every chance we get
A normalised combined ratio would have been ‘well below’ SCOR’s 87% target, CFO says.   17 May 2024
Reinsurance
Swiss Re continues business simplification with more top level moves
Reveals new China CEO; restructures Middle East & Africa reinsurance leadership.   17 May 2024

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