News

Insurance

Penn Mutual boosts financial strength with key C-suite move

Appointee, who started his career at Penn Mutual, grasps its core business, says CEO.   21 March 2025

Insurance

Liberty Mutual sees $1.2bn net hit on LA wildfires, reinsurance due

Liberty Mutual’s per-occurrence property cat tower rings in $1bn including cat bonds.   7 March 2025

Insurance

Liberty Mutual closes door on divestments after rightsizing

Deals in Asia, Latam and Europe leave P&C insurer with right geography, products, CEO claims.   7 March 2025

Insurance

Liberty Mutual in shape to go faster in commercial, asserts CEO

Softening rates may match up poorly to stickiness in loss cost trend.   7 March 2025

Insurance

Gallagher appoints senior broking leader for UK&I retail push

Appointee will take on a key leadership role to enhance client-centric partnerships.   21 March 2025

Insurance

Markel lands marine claims lead, builds up wholesale claims team

Moves are response to increased social inflation pressures, geopolitical tensions.   24 March 2025

Insurance

QBE eyes market leadership with new European distribution head

New head led QBE Nordics to 4x premium growth and boosted property & liability.   6 March 2025

Insurance

Bain-backed Emerald Bay scoops up Liberty Mutual president for top job

The new chief boasts 25+ years’ experience including senior roles at AIG and Aon.   21 March 2025

Insurance

Talanx makes major investment in Austria’s largest renewable energy project

The plan is to construct new wind and solar farms and to repower legacy wind farms.   4 March 2025

Reinsurance

Commercial premium up 4% Q1 to date on acceleration in casualty: Gallagher

Property has seen no impact from wildfires yet, but the cat tally is clearly ticking.   21 March 2025

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