News

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

Reinsurance

Ardonagh launches Price Forbes Re in ‘bold’ move to shake up traditional market

The broker seeks to bring a ‘fresh perspective to a market increasingly lacking flexibility’.   15 May 2024

Insurance

BMS plucks 20+ year Marsh veteran for New Zealand expansion

The broker looks to expand its North Island market presence.   15 May 2024

Insurance

Conduit adds Lloyd’s expertise to board

The executive has held numerous leadership positions, recently at Asta/Antares.   15 May 2024

Insurance

Conduit bullish on growth after Q1 spurt, cites ‘historically favourable’ rates

The reinsurer’s GWP jumps nearly 30%; is seeing good opportunities for selective growth.   15 May 2024

Insurance

Farmers steps back into Californian CMP market, buoyed by ‘positive changes’

The news comes just ahead of insurance commissioner Lara’s market strategy update.   15 May 2024

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