News

Insurance

Markel has high-margin lines in sights to replace business axed end-23

Some lines show ‘meaningful’ rate gains; property remains ‘attractive’ after slowdown.   6 August 2024

Insurance

Final insured losses from 2023 Turkey-Syria earthquake revealed

The earthquake was by far the costliest catastrophe in Turkey’s history.   6 August 2024

Insurance

Price Forbes targets Asian market with major swoop from rival Marsh

Hire with Aon/Miller/Lockton pedigree to develop its broking strategy in Asia Pacific.   5 August 2024

Reinsurance

Arch went cat-shy mid-year as forecasts raged, but could swing any day

With a full field of well-priced lines, why chase cat ‘at the risk of being unlucky?’.   5 August 2024

Insurance

QBE eyes German market with former 16-year WTW veteran

Ex-broker to drive growth in marine, cyber and sustainable energy lines.   5 August 2024

Insurance

Miller expands Asia leadership with former KPMG/Deutsche Bank senior hire

The hire to broaden its credit and political risk offering into the Asian marketplace.   5 August 2024

Insurance

Ambac doubles P&C operations, Beat gains firepower to expand globally

The acquisition places Ambac on track to produce approx. $1.4bn in premiums for 2024.   5 August 2024

Insurance

Arch Insurance International unveils new CFO following exit

The appointee was CFO of the UK operations, and previously corporate financial controller at Talbot.   5 August 2024

Insurance

Ryan Specialty makes bold move into Florida with US Assure acquisition

Ryan Specialty will hold a mutually exclusive underwriting agreement with Zurich.   2 August 2024

Alternative Risk Transfer

Markel ILS unit Nephila bleeds assets again, despite premium surge

Despite some stabilisation from end-2022, AuM for the ILS house is down 1/3 from peak.   2 August 2024

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