News

Insurance

AIG and Zurich in major M&A deal to create ~$2bn global travel brand

Zurich is acquiring AIG’s global travel business for $600+ million in cash.   26 June 2024

Insurance

Global cyber insurance has drivers for growth, amid major risks: AM Best

More and more insurers are entering the cyber market, but not all look mature enough.   26 June 2024

Insurance

Former AIG/ Fortitude Re veteran joins Zurich’s top ranks

He was CEO of Fortitude Re and CFO of AIG units for more than a decade.   26 June 2024

Reinsurance

Reinsurers got storm-shy at 6.1 deadline as forecasts peaked: Gallagher Re

Early birds got their deal: early May softening dissipated as 2024 storm hype built up.   26 June 2024

Reinsurance

Gallagher Re rolls out new initiative to bridge cyber talent gap

It says there’s a ‘significant shortage’ of future leaders in the cyber market.   26 June 2024

Reinsurance

Casualty fac turns niche as treaty clears wider market swathe: Amwins

Best leveraged in lower layers & attachments, reinsurer sweet spots run in first $10-15m.   25 June 2024

Insurance

Lloyd’s syndicates slow capacity charge in realigned market: Howden

Beazley is Lloyd’s poster-child of change as big strategy shift directs capacity targets.   25 June 2024

Insurance

WTW expands US risk & broking leadership with 17-year Aon veteran

Appointment in line with WTW’s push to expand presence in the US Northeast.   25 June 2024

Insurance

Hudson Structured strengthens capital raising with 18-year Goldman Sachs veteran

The insurance investor seeks to bolster its capital formation and IR efforts.   25 June 2024

Technology

Climate insurtech gains funds to grow parametric solutions in Asia and Africa

The funding also aims to expand further into emerging markets.   25 June 2024

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