News

Reinsurance

Hannover Re ups Q1 margin for 4.3 pt CoR gain, fends off early optimism

Underlying margin may be stronger, but unknowns – including bridge loss - crowd the outlook.   14 May 2024

Insurance

AIG rebounds from massive loss with $9.4bn profit, excellent top line growth

CEO Peter Zaffino highlights ‘significant progress’ since breaking up its life and retirement business.   17 February 2022

Insurance

Velocity acquires majority stake in builder’s risk MGA

The MGA offers technology-driven risk transfer solutions on an admitted and non-admitted basis.   28 September 2023

Insurance

DUAL North America nabs CNA talent in rapid casualty build-up

The move follows recent appointment of new chief casualty officer for DUAL.   17 August 2023

Insurance

Arch joins leading Lloyd’s insurers on market transformation project

Beazley, Brit, Chaucer, Hiscox, Liberty and Markel are the founding members.   17 May 2022

Insurance

Ascot appoints US chief risk officer & head of exposure management

The executive joins from S&P Ratings where he was North America P&C sector specialist.   5 October 2020

Insurance

AXIS boosts US excess and surplus property unit with four new hires

The new recruits come from Liberty International, Ironshore, Travelers and Orchid Underwriters.   17 December 2020

News

Willingness to adapt has protected ratings

A willingness by reinsurers to change strategy and tap new markets has resulted in the expectation that many firms will maintain their current credit rating.   15 September 2015

Insurance

Ryan Specialty to slow hiring machine after 2022 turbo run

The bumper crop of new hires will be margin positive in 2024; pay rates fully in check.   8 August 2023

Reinsurance

Conduit Re leaps to first major profit, retains upstart growth pace

Underwriting earnings rose 18x; nat cat dearth plus new T&C left loss register clean.   21 February 2024

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