News

Reinsurance

SCOR said to dent market’s trust with surprise mass of L&H reserves

The 25% sell-off shows investors fearing ‘worst case tail risk’ of new equity raise.   18 July 2024

Insurance

Wholesale property insurance slips to single digit pricing gains: CRC

Carriers said to be ‘aggressively pursuing’ growth as confidence builds.   18 July 2024

Insurance

Nat cats deliver $61bn bill to insurers in H1; US storms dominate

Gallagher Re tally shows the second costliest US SCS hit on record behind 2023 at $37bn.   17 July 2024

Insurance

AssuredPartners buys Lloyd’s broker to expand E&S capabilities

It specialises in excess and surplus lines business originating from MGAs and brokers based in North America.   17 July 2024

Reinsurance

SCOR adds mass of L&H reserves, scuttles FY profit targets

SCOR plots ‘a series of determined actions’ to rebuild segment margins and stability.   16 July 2024

Insurance

Monarch E&S expands capabilities with acquisition of wholesale broker

The acquired firm specialises in contract binding, mining industry & coastal property placements.   15 July 2024

Insurance

S&P lifts Fidelis outlook to positive on improved risk profile

The agency says Fidelis is outperforming most of its higher rates peers.   12 July 2024

Reinsurance

Generali, Munich Re, Swiss Re leaders appointed to London market regulatory group

The trade body discusses issues of re/insurance regulation.   12 July 2024

Insurance

E&S start-up Tara Hill attracts industry veteran with Argo/Chubb/AIG pedigree

It has also lured a senior underwriter from Berkley Pro.   12 July 2024

Insurance

Chubb’s $4bn premium E&S unit gets new leader amidst executive reshuffle

The appointee will manage the firm’s wholesale E&S lines business in North America.   11 July 2024

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