News

Insurance

Green shoots: Aon’s Q3 market map shows first broad-market softening

But carrier discipline is holding ‘for the time being,’ even as competition rises.   30 October 2024

Reinsurance

Berkshire Hathaway faces losses of up to $1.5bn from Milton

Losses from Hurricane Milton followed $585m in losses from Hurricane Helene in Q3.   4 November 2024

Insurance

Aon nabs ex-Liberty exec to lead underwriting at in-house MGA

The exec spent 12 years at Liberty and also boasts experience from Brit Insurance.   4 November 2024

Insurance

Kova begins underwriting PI business via Hadron capacity agreement

The five-year capacity agreement is supported by Accelerant Risk Exchange.   4 November 2024

Reinsurance

Liberty Mutual Re snaps up AXA parametric underwriter

The appointee has over 13 years’ experience, including time at AXA Corporate Solutions.   4 November 2024

Insurance

Casualty hardening on best carrier discipline in decades: Brown & Brown

Under-pricing may span a full array of markets: primary & excess, admitted & non-admitted.   29 October 2024

Insurance

Property rate trend reversed Q4 as storms gave pause: Ryan Specialty

CEO Turner believes the market is now in a ‘minus 5 to flat to plus 5” range.’   4 November 2024

Insurance

New hurricane likely in Gulf of Mexico; storm approaches Portugal

A new Caribbean disturbance could reach hurricane status late Tuesday, on path to Gulf of Mexico.   4 November 2024

Insurance

Chubb expands 30-year veteran’s role to boost multinational risk management

The executive will assist overseas teams in designing and implementing complex solutions.   31 October 2024

Alternative Risk Transfer

Cat bond funds rebound from mild Milton correction; now 0.1% off peak

Milton loss estimates never neared cat bond trigger zones, ruled out Ian-style losses.   28 October 2024

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