News

Insurance

Beazley’s Horton praises US growth to balance earnings drop

Beazley CEO highlights growth in US business and rise in gross premiums written in 2018 results despite depressed earnings as challenging market conditions take their toll.   7 February 2019

Insurance

Eight key M&A deals in 2022

As certain major M&A deals went ahead with the minimum of fanfare, others seemed to herald the next major consolidation wave. Intelligent Insurer picks its top eight unions in the re/insurance world this year.   22 December 2022

Insurance

Commercial insurtech Bold Penguin raises $32m Series B led by HSCM, Lockton

US-based commercial insurance technology company Bold Penguin has secured $32 million Series B funding led by Hudson Structured Capital Management (HSCM), Lightstone, Guggenheim Insurance, Lockton, existing investors and individuals from Stone Point Capital.   24 September 2019

Insurance

Ascent hires MS Amlin's Paul Western as CUO post Cove merger

London-based cyber and specialty lines managing general agent Ascent Underwriting and Cove Programs, a US construction-focused MGA, has appointed Paul Western as group chief underwriting officer (CUO).   19 September 2019

Insurance

Core Specialty launches with $900m capital raise; appoints new management

Investment to provide fresh capacity to the specialty P&C carrier led by former Validus leaders.   1 December 2020

Insurance

Inperio and Accredited pioneer extension of UK solicitors’ PI Market

They have launched a professional indemnity policy focused on freelance UK solicitors.   11 February 2020

Insurance

BMS appoints Jeff Irvan as chief property officer for US reinsurance

Independent specialist re/insurance broker BMS Group has appointed Jeff Irvan as chief property officer, US reinsurance, reporting to BMS US reinsurance president Pete Chandler. The appointment is effective immediately.   5 November 2019

Insurance

Global reinsurance capital falls 5% in 2018, finds Willis Re

Capital earmarked for the global reinsurance industry fell by 5 percent in 2018, according to analysts at Willis Re.   23 April 2019

Insurance

Hannover Re CEO says COVID-19 losses 'impossible to quantify' but reserves €220m

The reinsurer's P&C underwriting results tumbled but total net income grew 2.5 percent in Q1 2020.   6 May 2020

Insurance

Macro trends will drive market

Macro sector trends such as rising yields and claims inflation will form the background for the next phase the re/insurance markets will enter, David Flandro, global head of analytics at JLT Re, told Baden-Baden Today.   24 October 2018

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