News

Reinsurance

Reinsurers eye US casualty rate hikes citing higher loss costs: Fitch

Adverse loss development trend in US casualty due to higher social inflation a key risk.   4 October 2024

Technology

Power but pitfalls: ABIR CEO Huff on the use of AI in re/insurance

ABIR’s CEO stresses the need to balance innovation with human insight to navigate re/insurance challenges.   21 August 2025

Reinsurance

Despite softening, US casualty is still a good market for reinsurers

If we see attractive opportunities to expand our footprint at 1/1 renewals, we are certainly open to growth, says Maria Amelio, of MS Reinsurance.   3 October 2025

Insurance

Penn Mutual to sell $150bn asset manager to global PE giant

Fitch views the sale as ‘opportunistic’.   24 July 2024

Insurance

Nexus snaps up California MGA, expands in cyber market

The deal marks Nexus’ 17th acquisition since its formation in 2008.   14 July 2023

Insurance

Property insurtech Kin expands into cat-prone US state amid retreats

The move comes amidst legacy insurers’ retreat from catastrophe-prone states like Florida, Louisiana.   14 July 2023

Insurance

Gallagher inks $13.6bn deal to acquire AssuredPartners

The deal is set to boost its EPS by double digits, with $160m in synergies over three years.   9 December 2024

Insurance

US commercial P&C renewal rates fall for second month from peak: Ivans

Five of six chartered lines fall in April; umbrella take it the other way to record 3M gain.   9 May 2024

Insurance

Allianz, AXA, QBE, Sompo resign: industry net zero initiative on brink of collapse

Six of the eight founding members and more have already called it quits.   26 May 2023

Insurance

SCOR shakes up investment arm leadership; CEO departs

The move aims to accelerate the growth of its third-party asset management activity.   27 November 2023

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