News

Insurance

Targeting specialty P&C market, Ambac buys majority stake in Beat for $282m

Ambac is also selling its financial lines book to Oaktree in a transformation strategy.   6 June 2024

Insurance

Arch Capital’s first sign of a market turn: dislocations disappeared

Arch sifted dislocations for years for above-market growth; those days are gone.   6 June 2024

Insurance

DARAG inks first outsourced service deal with Italy’s Unipol

DARAG to manage all non proportional open claims related to the runoff of Unipol Re.   5 June 2024

Insurance

US personal lines bounce back on rate gains, Moody’s ups outlook

The sum of higher rate and tighter T&C now outweighs drag from inflation and reinsurance.   5 June 2024

Insurance

SRG MGA seals new European capacity deal to boost underwriting firepower

MX looks to scale its business and trade appetite in the UK and Ireland.   5 June 2024

Technology

AI: friend or foe for insurers?

That was the subject at a panel discussion at Airmic this week.   5 June 2024

Risk Management

Cyber forensics: outsourcing incident response to third party suppliers

Incident response teams are already connected to insurers and law firms, bringing with them a wealth of resources, an Intelligent Insurer panel agreed.   5 June 2024

Insurance

Aon hires Broadridge, ex-American Express finance chief as next CFO

New CFO has deep financial and M&A experience at Merrill Lynch, American Express and Citigroup.   4 June 2024

Insurance

AXA XL shakes up Americas insurance operation to better serve mid-market

Splits operations into three segments – large commercial, mid-market and professional.   4 June 2024

Reinsurance

Swiss Re lifts seasoned executive to top regional P&C Re post

The move follows a wave of leadership changes within the business globally.   4 June 2024

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