News

Reinsurance

Notable softening at 1/1 sets stage for policy shifts, emerging cycles in 2025: Howden

While pricing drops from historic highs, hard market changes are expected to persist in 2025.   3 January 2025

Insurance

AIG suffers whopping $6bn loss in 2020; Duperreault bullish over 'progress'

The insurance giant has recently replaced its CEO and revealed plans to break-up business.   17 February 2021

Insurance

Mapfre’s premiums set to grow 3% in 2021, leaders tell remote AGM

Spanish headquartered insurer forecasts €700 million net operating earnings in 2021.   15 March 2021

Insurance

AUM launches ‘first of its kind’ ILS Ocean Fund

The structure has been modelled on Bermuda ILS funds.   18 November 2022

Insurance

US fronting start-up Concert hires former AIG director to head claims

The executive has also held claims leadership roles at Greenlight Re.   3 February 2022

Insurance

Ardonagh reveals new Towergate CEO as Thelwell exits after 17 years

Joe Thelwell started with Towergate as an account executive in 2005.   24 March 2022

Reinsurance

Remain vigilant to ‘nuclear’ threat of rising loss costs: Hannover Re boss

Loss costs are increasing in every corner of the market, so be vigilant on renewals.   7 October 2024

Insurance

Mitsui Sumitomo seals $400m deal to buy Transverse for US expansion

The move signals MSI’s growing interest in the US MGA market.   10 August 2022

Insurance

MGA Aqueous mulls expansion in UK professional indemnity market in 2022

The company has secured increased capacity through the addition of Great American.   1 February 2022

Insurance

Insurtech with Lloyd’s syndicate Parsyl eyes growth with London launch

RenRe’s chief risk officer Europe to join board of directors; names new active underwriter.   29 September 2022

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