News

Reinsurance

Global P&C reinsurance market set for gains in H2 2024, but headwinds loom: Morningstar

Strong reserves and higher pricing to see reinsurers emerge ‘unscathed’ from hurricane season.   29 August 2024

Insurance

Enstar seals $442m adverse development cover with IAG

Portfolio to cover liabilities, motor, professional risks, and workers’ compensation losses.   29 August 2024

Reinsurance

European big four ‘well-placed’ to weather tough 2025/26 market conditions: Fitch

Analysts expect reinsurance pricing cycle and reinsurers’ margins will peak in 2024.   29 August 2024

Insurance

BMS mines Canopius/Lloyd’s leader to build out business line

The executive has worked at AXA, AIG, Chubb, Marsh, Aon and JLT.   29 August 2024

Insurance

Zurich partners with Malaysian bank to tackle financial cybercrimes

Companies claim Malaysians lost $370m to online scams in the past 19 months.   29 August 2024

Insurance

Arch in ‘transformational period of growth’ appoints seasoned executives to board

The executives currently lead a Fortune 500 company and a university nonprofit.   28 August 2024

Insurance

Markel partners with MGU focused on cat-exposed markets

Partnership to expand Markel’s product reach to Louisiana, South Carolina & Texas.   28 August 2024

Insurance

Lloyds Bank taps ex-Morgan Stanely exec to lead insurance operations

Appointment forms part of four-year plan to grow the institutional coverage franchise.   28 August 2024

Insurance

Sun Life boosts Asian risk management unit with C-suite hire from FWD

Appointee to drive strategy and growth through ‘active’ initiatives and governance.   28 August 2024

Reinsurance

RGA inks $3.5bn coinsurance deal with American National

American National’s reserves will be transferred to RGA subsidiaries.   27 August 2024

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