News

Insurance

Tokio Marine has M&A in sight; more could come if market softens

CEO Komiya has ‘high expectations’ that M&A valuations will temper as rates slide.   27 November 2024

Insurance

European insurers to maintain ‘very strong’ capitalisation in 2025: Fitch

However, higher climate risk retention poses a risk to European P&C insurers' earnings.   3 December 2024

Insurance

Pen anchors marine expansion with Amphitrite yacht underwriter

The new hire will spearhead Pen’s growth in yacht insurance, building marine specialism.   28 November 2024

Insurance

Mitigation must be ‘priority’ as nat cat insured losses top $135bn in 2024: Swiss Re warns

The US drove two-thirds of global insured losses, fuelled by Helene and Milton.   5 December 2024

Insurance

Wholesale property softening will roll unabated into ’25: Amwins

Rising capacity in the London Market has gone a long way to ensure the softening.   5 December 2024

Insurance

WTW targets mid to high single digit organic growth in 3Y plan

Progress of MGA Verita could speak to further WTW delegated authority investments.   4 December 2024

Insurance

Miller nabs industry vet to build out North American marine offering

The executive boasts pedigree from QBE and Thomas Miller Specialty.   28 November 2024

Insurance

WTW could add M&A to tool kit in new growth stage: CEO

Leading mantras include: ‘don't disturb the momentum in our existing businesses.’   4 December 2024

Reinsurance

WTW heads back to reinsurance broking in JV tandem with Bain Capital

Details due from management in a pending investor call.   3 December 2024

Insurance

McGill, TMK and Convex join forces for new trade disruption facility

It will use AI to support underwriting and understanding of trade disruption risk.   26 November 2024

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