News

Insurance

California feinted, then folded; State Farm gets its rate hike

Insurance commissioner waves through emergency rate increase, but with caveats.   14 May 2025

Insurance

Westfield snags duo from Arch to expand energy team

Appointees are just latest as specialty carrier goes on hiring spree.   14 May 2025

Insurance

AXA, Carbon Underwriting underpin Commercial Express real estate offer

Long-term capacity added to UK MGA’s commercial, residential property offerings.   14 May 2025

Reinsurance

Conduit Re sheds secondary perils on major event, aggregate retro

Runaway LA wildfire losses highlighted need to push protections past peak perils.   14 May 2025

Reinsurance

Oak Re raids broking giants for top underwriting talent

Hires follow Lloyd’s green light to up business plan to $400m GWP.   14 May 2025

Insurance

Gallagher Bassett backs in-house talent in consulting revamp

It has merged its risk, claims, and training teams into one consulting division.   14 May 2025

Insurance

Brown & Brown veteran signs up for Markel US war and terrorism team

Appointee will expand Atlanta portfolio and what Markel sees as other high-risk territories.   14 May 2025

Alternative Risk Transfer

Leaders in Parametric: Sébastien Piguet

Clients and brokers require more transparency and faster claim payments, says Descartes’ Piguet.   15 May 2025

Alternative Risk Transfer

Leaders in parametric: Toby Behrmann

The biggest challenge in parametric insurance, Behrmann says, is demystifying the concept.   15 May 2025

Alternative Risk Transfer

Leaders in parametric: Diego Monsalve

The next generation will likely integrate advanced data analytics, AI and blockchain technology to streamline claims processing and reduce basis risk, says Lockton’s Diego Monsalve.   15 May 2025

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