News

Insurance

Nat cats deliver $108bn bill over 9M, near decadal average: Gallagher Re

Heavy US insurance coverage drives loss patterns with 7 of 10 costliest events.   16 October 2024

Insurance

Progressive faces heavy cat losses from Hurricanes Helene and Milton

It incurred 9.0 loss ratio points related to Hurricane Helene.   16 October 2024

Insurance

Starwind Specialty continues specialty build out with new offering

The company has launched a political violence and terrorism unit.   16 October 2024

Insurance

New London energy MGA Volt launches with BP Marsh backing

The MGA will offer coverage for conventional power and renewable energy.   14 October 2024

Insurance

Africa Specialty Risks taps 35-year Lloyd’s veteran to expand in MENA

The exec will drive the company’s distribution strategy and develop partnerships.   11 October 2024

Reinsurance

Price Forbes Re signals growth push in key markets

Fresh C-suite appointment targets Bermuda, London and US growth.   14 October 2024

Reinsurance

No signs of turmoil at Arch Capital amid sudden boardroom shift

Handing of reins to well-rounded insider suggests no overhaul of strategy is likely.   15 October 2024

Insurance

Chubb creates new practice with ‘broad appetite and capability’

The new practice will target construction clients across the UK and Ireland.   14 October 2024

Insurance

Global economy faces $14.5trn in geopolitical conflict risks: Lloyd’s

The economic fallout focuses on disrupted global trade and infrastructure damage.   11 October 2024

Insurance

Texas’ TWIA hikes Hurricane Beryl cost estimate; has paid $259m to date

The Texas residual insurer now believes it will completely burn through CRTF reserves.   15 October 2024

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