News

Insurance

Tokio Marine HCC International picks new CEO, long-time leader steps aside

Incumbent becomes deputy CEO having spent 20 years transforming business.   2 May 2025

Insurance

Phoenix Specialty taps experienced underwriter to lead new offering

MGA launches plant and equipment offering for global construction contractors.   1 May 2025

Alternative Risk Transfer

Hiscox sheds ILS assets under management on LA wildfires

Hiscox claims rising underlying support from traditional partners and investors.   1 May 2025

Insurance

Pen powers up cyber platform, hails it as potential ‘game-changer’

Upgraded platform integrates risk management tools and specialist services.   14 May 2025

Insurance

Admiral cashes out of US motor insurance, sells Elephant brand

Insurance group will refocus on UK and European mainland market.   25 April 2025

Reinsurance

AXA XL Re first quarter GWP rises by 12%

Yet parent company AXA puts reinsurance in neutral, preferring ILS and sidecars.   7 May 2025

Risk Management

Strikes, riots, civil unrest cost insurers $10bn since 2010

Recent protests in US and France each had $1bn insured cost.   30 April 2025

Insurance

Aspen launches IPO valuing company at $2.85bn

Owner Apollo is selling up to $340m worth of shares in long-waited offering.   29 April 2025

Reinsurance

SCOR improves Q1 combined ratio, net income nudges up

French reinsurer reports solid performance across both segments.   7 May 2025

Risk Management

Nearly two-thirds of firms blindsided by bigger-than-expected supply chain hits

Modern supply chain complexity poses a unique challenge for insurers, says WTW.   16 May 2025

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