News

Insurance

Everest ups GWP 18% in Q1, leans towards higher margin reinsurance

Property and specialty reinsurance risk adjusted returns still look ‘very attractive’.   30 April 2024

Insurance

Gallagher could do $7.5bn in M&A to end-2025 just on tuck-ins

Smaller players should migrate to the Gallagher tool box as investment costs pinch.   26 April 2024

Insurance

Hurricane-prone Louisiana in clutches of rising climate risks: Moody’s

Property insurance is increasingly difficult to afford and obtain in the state.   24 April 2024

Insurance

Hard markets and remediation pay off: London Market put to positive

‘Strong’ pricing across most lines spells solid underwriting profit, AM Best says.   22 April 2024

Insurance

Markel promotes internal talent to head of terrorism in London

The promotion reveals a drive for profitable expansion in Asia, London and the US.   18 April 2024

Insurance

Cyber insurance can’t hold its margin amid capacity surge, Fitch says

Current margin looks ‘unsustainable’ as market competition ‘intensifies.’   18 April 2024

Reinsurance

Insurers won’t rebuild reinsurance as market calms in ’24, survey says

Higher program retentions likely upped nat cat risk 10% for small to medium sized events.   17 April 2024

Insurance

Long-tail casualty reserves upped in 2023, need more for ’24: AM Best

‘The numbers and the stories behind them indicate worsening reserve risk,’ say analysts.   16 April 2024

Reinsurance

Reinsurance capital hits decade high to $729bn; ‘exceptional’ profits in ’23

Reinsurers’ ROE comfortably exceeds the industry’s cost of capital, finds Gallagher Re.   9 April 2024

Insurance

General aviation laps up carrier capacity while airlines grounded

Carriers at a ‘saturation point’ for airlines have delivered ‘significant’ capacity for GA.   9 April 2024

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