News

Insurance

SiriusPoint enters strategic partnership with expert marine MGA

It will provide paper to underwrite high-quality hull, machinery risks and ancillary covers.   30 July 2024

Insurance

Aspen shakes up group leadership, CFO to exit

Changes show it is at a ‘different point of its journey, with different priorities’.   30 July 2024

Insurance

Enstar to be acquired by investment firm Sixth Street for $5.1bn cash

Enstar will remain standalone but cease being a publicly traded company.   29 July 2024

Reinsurance

BMS makes bold acquisition creating over £8bn GWP business

The broker has unveiled its largest acquisition; will expand specialty retail, London and MGA reach.   29 July 2024

Reinsurance

Bank of England threatens to restrict ‘amount and structure’ of funded reinsurance

CEOs told BoE will consider intervening to prevent rapid build-up of risks in the sector.   29 July 2024

Insurance

CrowdStrike IT outage losses ‘unlikely to reach catastrophic levels’: Coalition CEO

However, he warns that the failure of more ubiquitous software products ‘very well could’.   29 July 2024

Insurance

Aon wouldn’t do another NFP soon; mid-market foray is in NFP hands

NFP will reheat its own M&A machine to deliver units bearing $45-60m in EBITDA this year.   26 July 2024

Reinsurance

Munich Re enjoys upgrade, ‘well with peers’ on profit, better in diversification

S&P says Beryl, CrowdStrike, Baltimore losses likely within Munich Re’s loss budget.   26 July 2024

Insurance

Gallagher says E&S accelerates even as doors open to admitted carriers

Wholesale submission rates have Gallagher looking to ever higher E&S growth in ’24.   26 July 2024

Insurance

AXA XL creates dedicated middle market and wholesale cyber insurance teams

The new teams will join its complex and large commercial cyber divisions.   26 July 2024

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