News

Insurance

AXIS Capital sees two ‘highly valued’ C-suite leaders depart

The company’s wholesale CEO and chief people officer have decided to retire.   19 October 2023

Insurance

Beazley prefers property cat in primary over reinsurance

Despite dramatic reinsurance rate growth, rate adequacy and upside leans towards primary.   27 July 2023

Insurance

Property cat hit rate adequacy, but any old storm could do its worst: RenRe

Too many years of losses have stacked up for a hard market to get the benefit of the doubt.   27 July 2023

Insurance

Chubb boosts P&C premium ca 13% Q1, holds margins amid retail recovery

US commercial premium balanced 13% P&C growth against 7.6% erosion of financial lines.   24 April 2024

Insurance

Beazley secures rating on march to build-out stand-alone US carrier

The newly established US surplus lines carrier will begin taking book from Lloyd’s in 2024.   17 October 2023

Reinsurance

SCOR grows 13.6% at 1.1, ends-around core P&C for margin gain

Alternative solutions provides 71% of y/y growth; core P&C flat, specialty cherry-picked.   6 February 2024

Insurance

Markel jumps into Vesttoo bankruptcy case over $128m fraudulent LOCs

It claims two LOCs were found to be fraudulent in collateralised reinsurance transactions.   1 September 2023

Insurance

Twelve Capital probing options for casualty ILS offer

Fears over collateral management fall away as AI tackles a shift into frequency risk.   6 June 2023

Insurance

Commercial rate growth slows to 2% in Q4; D&O, cyber in decline: Marsh

US commercial property slowing from Q2 2023 peak, but still double-digit to end-year.   5 February 2024

Insurance

Blink partners with Canada’s BCAA on parametric travel solutions

It includes flight disruption and lost/delayed luggage real-time assistance.   11 October 2023

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