News

Insurance

Arch profit jumps 90% on reinsurance and investments

Its reinsurance segment saw gross written premiums rise 15.6% to $2.9 billion.   31 July 2024

Insurance

AIG facing $790m COVID-19 and catastrophe charge in third quarter

Nearly $185 million of estimated losses are related to COVID-19 claims in the general insurance business.   27 October 2020

Reinsurance

Hard market could be ending but picture is nuanced: Fitch

Monte Carlo briefing points to the wide spread of factors influencing market.   9 September 2024

Insurance

AXA XL appoints head of mid-market, APAC & Europe

The re/insurer looks to build out its capabilities and mid-market offering.   13 September 2023

Insurance

Marsh & McLennan appoints new general counsel of risk and insurance

Marsh & McLennan Companies (MMC) has appointed Susan Stone as the general counsel of company’s risk and insurance services (RIS) segment that includes Marsh and Guy Carpenter.   19 January 2017

Insurance

Optio Re fully licensed and trading in UAE

The operation will focus on A&H and comprise an MGA and a reinsurance broker.   31 January 2023

Insurance

Favourable market conditions to continue

Dirk Herrenpoth, chief underwriting officer of NewRe, is confident that the favourable market environment for reinsurers will continue, driven by the current loss situation.   14 September 2021

Insurance

Hiscox group CRO exits after decade; poaches AIG/AXA veteran

The new chief risk officer spent the last 12 years at AIG holding leadership positions.   8 June 2023

Insurance

Canopius to begin cannabis risk underwriting in US

The offering will be available in states where medical and recreational adult-use is legal.   19 April 2023

Insurance

New MGA launches in UK to ‘disrupt’ personal lines market

The MGA’s initial suite of products are backed by ‘A rated’ insurance companies.   8 June 2023

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