News

Reinsurance

NewRe adds seasoned Munich Re exec to board as president steps down

The exec previously led Munich Re’s non-life business in several European markets.   30 October 2024

Insurance

Commercial rates hold stable after Q2 storm; property still double digit

Average monthly renewal rate growth moves in Q3 are one eighth that seen in Q2.   25 October 2024

Insurance

London Market reverts to ‘aberrant’ ways, downfall looms: Chubb CEO

London exuberance rules everyone save the ‘few real underwriters’ at Lloyd’s, he says.   30 October 2024

Technology

AXA XL unveils new cyber endorsement for construction in US

It aims to address the ‘very specific’ cyber concerns of the construction industry.   29 October 2024

Insurance

Brown & Brown says delegated authority may lead growth long-term

Underwriting talent is lining up to join Brown & Brown’s growth story, CEO claims.   29 October 2024

Technology

Supercede taps Liberty Specialty executive with reinsurance tech expertise

The company is ‘strategically’ hiring across all parts of the business post £15m Series A funding.   30 October 2024

Reinsurance

Florida cat fund FHCF eyes $4.6bn on Helene & Milton

The FHCF had managed to rebuild its claims paying power to above requirement.   30 October 2024

Insurance

Brown & Brown hits 9.5% organic growth Q3 on programme power

Programme business accounts for nearly 2/3 of group’s Q3 organic growth.   29 October 2024

Insurance

UK broker Clear Group enters Lloyd’s market with ‘transformational’ deal

The insurance intermediary is owned by private equity at Goldman Sachs Alternatives.   29 October 2024

Risk Management

Captives: an increasingly popular risk management tool

FERMA Forum Today talks to Marine Charbonnier, head of underwriting, Captives and Facultatives, APAC & Europe at AXA XL, about the growing attraction of captives to risk managers.   22 October 2024

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