News

Insurance

Price Forbes targets Asian market with major swoop from rival Marsh

Hire with Aon/Miller/Lockton pedigree to develop its broking strategy in Asia Pacific.   5 August 2024

Reinsurance

Arch went cat-shy mid-year as forecasts raged, but could swing any day

With a full field of well-priced lines, why chase cat ‘at the risk of being unlucky?’.   5 August 2024

Technology

Insurtech funding grows to $1.3bn amid four-year low in deals: Gallagher Re

Q2 2024 witnessed the sharpest deal drop since Q2 2020, plummeting 23.4% quarter-on-quarter.   5 August 2024

Insurance

QBE eyes German market with former 16-year WTW veteran

Ex-broker to drive growth in marine, cyber and sustainable energy lines.   5 August 2024

Reinsurance

Berkshire shrinks in reinsurance, slows in primary, lets Geico fly

The reinsurance segment shrunk GPW 5.4% y/y in Q2, citing property reductions.   5 August 2024

Insurance

Miller expands Asia leadership with former KPMG/Deutsche Bank senior hire

The hire to broaden its credit and political risk offering into the Asian marketplace.   5 August 2024

Insurance

Ambac doubles P&C operations, Beat gains firepower to expand globally

The acquisition places Ambac on track to produce approx. $1.4bn in premiums for 2024.   5 August 2024

Insurance

Brokerslink taps former FERMA president as new risk management leader

The executive replaces Jorge Luzzi of Risk Consulting Group who passed away suddenly earlier this year.   5 August 2024

Alternative Risk Transfer

Markel ILS unit Nephila bleeds assets again, despite premium surge

Despite some stabilisation from end-2022, AuM for the ILS house is down 1/3 from peak.   2 August 2024

Reinsurance

SiriusPoint nearly doubles Q2 profit, MGA consolidation paying off

The re/insurer trimmed expenses and benefited from a jump in other revenues.   2 August 2024

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