News

Insurance

MGA Markerstudy to buy BGL from Comparethemarket owners in £400m deal

Markerstudy said it could double its customer count if the deal goes through.   4 January 2022

Insurance

IGI receives Bermuda Monetary Authority approval for Tiberius transaction

Upon close, IGI will be domiciled in Bermuda.   31 January 2020

Insurance

AIG snags Munich Re's Richard Olsen for top chief actuary role

American International Group (AIG) has hired Munich Re's Richard Olsen as new chief actuary, general insurance, based in New York.   15 August 2019

Insurance

Ryan Specialty forms new financial lines MGU

It will be formed by merging a number of existing units.   14 December 2023

Insurance

The Hanover mines Big 4 firm for new chief claims officer

New hire has held claims leadership roles at Aviva, Chubb, Allianz, and Liberty Mutual.   9 January 2023

Insurance

CFC swoops for ex-Allianz/Beazley cyber and tech claims leader for US expansion

The senior executive also co-chairs the influential US Ransomware Task Force.   11 May 2023

Insurance

Tort reforms & mild 2023 gave Florida carriers breathing room: KBRA

Some hints of market growth as new capital fuels Citizens take-outs and new business.   12 December 2023

Insurance

Cedants eye scope to negotiate as $50bn in capacity returns

Prices and attachment points are likely to remain stable in 2024, but cedants are likely to look for relaxation on terms and conditions as more capacity comes into the market, says Guy Carpenter’s Randy Fuller.   7 November 2023

Insurance

MGAA managing director Peter Staddon to retire

The process of appointing a new managing director is already underway.   17 February 2020

Insurance

SiriusPoint swoops on CNA/Travelers for new global head of claims

The appointee will oversee its claims function across global underwriting portfolios and jurisdictions.   1 February 2023

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