News

Technology

Insurtech Inshur bags $19m to scale US operations

The funding round was led by Viola Growth, with participation from MS&AD Ventures.   17 October 2024

Insurance

KCC pegs Hurricane Milton insured losses at $36bn

Unlike Helene, Milton’s wind damage will lead to a higher proportion of losses.   15 October 2024

Insurance

Gallagher fills senior regional post with ex-Crawford COO

The executive previously held senior roles at AXA, WTW and Aon.   15 October 2024

Insurance

Verisk sees potential $50bn insured loss hit from Hurricane Milton

Milton to have higher losses than Helene due to lower flood insurance take-up rates.   16 October 2024

Insurance

US wholesale property rate slows amid rising capacity, Q4 looks smooth

Hurricanes Helene and Milton won’t give the knee-jerk impact that Ian had in 2022-23.   16 October 2024

Insurance

Ryan Specialty expands international specialty unit with triple hire

It seeks to grow its international marketplace presence.   16 October 2024

Insurance

Nat cats deliver $108bn bill over 9M, near decadal average: Gallagher Re

Heavy US insurance coverage drives loss patterns with 7 of 10 costliest events.   16 October 2024

Insurance

McLarens enhances complex loss capabilities for Lloyd’s & London

It has brought in a 40-year veteran to drive its Lloyd’s and London market offerings.   16 October 2024

Insurance

Progressive faces heavy cat losses from Hurricanes Helene and Milton

It incurred 9.0 loss ratio points related to Hurricane Helene.   16 October 2024

Reinsurance

Gallagher Re strengthens life & health leadership in Asia Pacific

It has made a double hire to bolster its L&H units in China & Hong Kong and India.   16 October 2024

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