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Insurance
Zurich got Farmers to profits fast, but new business can wait
Policy counts will only begin to rise from 2025, once transformation is clearly over.   16 May 2024
Insurance
MS Transverse CEO steps aside for vice chairman role; successor revealed
Co-founder and CEO Matson says ‘now is the right time for me to pass the torch’.   16 May 2024
Insurance
AIG trims Corebridge shares in $3.8bn deal with Japanese giant
The global insurer is selling approx. 120m shares of its Corebridge common stock.   16 May 2024
Technology
Insurtech Cover Genius nabs $80m fresh capital from Twitter/Slack early investor
The funding to fuel its global expansion plans in embedded insurance—a growing market.   16 May 2024
Reinsurance
Swiss Re to exit iptiQ: strategic shift sparked by weak demand, lower tech threat
Bits of ‘unambiguous value’ may find buyers, earlier-stage entities may get run-off.   16 May 2024
Reinsurance
Swiss Re grew top-line ca 5% y/y Q1 on march to target-beating margins
Swiss Re otherwise made its IFRS17 debut without a single year-on-year pro forma comparison.   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
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
Insurance
MS Amlin taps ex-JP Morgan talent in tech push
Head of operational transformation to help improve technology and services.   16 May 2024
Insurance
Aegon reveals new CFO succeeding Rider
Appointee previously held top finance roles at Admiral and NN Group.   16 May 2024

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