News

Insurance

BPL hires senior broker from Marsh to bolster European and US teams

The political risk and structured credit expert joins with over 10 years’ experience.   30 April 2024

Insurance

Marsh won't go wholesale despite E&S heat; likes holding clients close

Marsh puts E&S-style deals to admitted solutions if possible, to niche wholesalers if not.   19 April 2024

Insurance

WTW lands ex-Marsh/Goldman Sachs leader to turbocharge growth in FI and banking

Appointee was managing director at Marsh, and formerly worked at AIG/Chubb.   29 April 2024

Insurance

Marsh McLennan grows 9% in re/insurance broking lines, ups margin

Reinsurance broker Guy Carpenter laid claim to $1.1bn in Q1 revenue, up 7% y/y.   18 April 2024

Reinsurance

Swiss Re grew top-line ca 5% y/y Q1 on march to target-beating margins

Swiss Re otherwise made its IFRS17 debut without a single year-on-year pro forma comparison.   16 May 2024

Insurance

Insurers have paid ¥74.4bn to end-March on Noto earthquake

To-date payments puts the New Year’s event in 7th place on the Japanese earthquake ranking.   22 April 2024

Reinsurance

Reinsurers show enough cat appetite to clear mid-year Florida renewals

Cedant demand is pushing up the tops of towers, matching reinsurer appetite: GuyCarp.   19 April 2024

Insurance

UK auto policy inflation at still-hearty 28% in March, well past claims

All major components of claims inflation have been in single-digit territory since mid-2022.   17 April 2024

Insurance

US commercial P&C renewal rates slip in March; Q1 at long-term high

Commercial property, auto & business owners policies all pull back from February peaks.   16 April 2024

Alternative Risk Transfer

Mexico taps cat bond market, takes $420m for 4Y across 3 key perils

ILS funds and hedgies from the US and Europe led the World Bank/IBRD deal.   18 April 2024

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