News

Reinsurance

Swiss Re pegs loss on Baltimore bridge collapse at $100m gross

The event went exclusively to the P&C reinsurance book with no material cover at CorSo.   16 May 2024

Reinsurance

Swiss Re increased book 6% at 4.1 while piling out of casualty

Market discipline should hold through mid-years: supply looks ‘adequate,’ but not ‘excessive.’   16 May 2024

Reinsurance

Ardonagh launches Price Forbes Re in ‘bold’ move to shake up traditional market

The broker seeks to bring a ‘fresh perspective to a market increasingly lacking flexibility’.   15 May 2024

Insurance

Allianz AGCS pulled back in financial lines, cyber & aviation Q1

Hesitance to poorly-priced lines led to a 2.3% y/y decline in AGCS Q1 business volumes.   15 May 2024

Insurance

BMS plucks 20+ year Marsh veteran for New Zealand expansion

The broker looks to expand its North Island market presence.   15 May 2024

Insurance

Conduit adds Lloyd’s expertise to board

The executive has held numerous leadership positions, recently at Asta/Antares.   15 May 2024

Insurance

E&S casualty rates rise Q2 as jittery carriers turn hyper-selective

A mere $5m in lead excess for high-hazard industry often requires multiple carriers: RPS   15 May 2024

Insurance

Conduit bullish on growth after Q1 spurt, cites ‘historically favourable’ rates

The reinsurer’s GWP jumps nearly 30%; is seeing good opportunities for selective growth.   15 May 2024

Insurance

Farmers steps back into Californian CMP market, buoyed by ‘positive changes’

The news comes just ahead of insurance commissioner Lara’s market strategy update.   15 May 2024

Insurance

Aon appoints new US property leader

The executive succeeds Rick Miller who passed away last month.   15 May 2024

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