News

Insurance

Chubb sees broad-based rate adequacy; can’t move fast enough: CEO

Market looks ‘healthy’ with pricing ahead of loss cost in both property & casualty.   30 October 2024

Insurance

London Market reverts to ‘aberrant’ ways, downfall looms: Chubb CEO

London exuberance rules everyone save the ‘few real underwriters’ at Lloyd’s, he says.   30 October 2024

Insurance

Mapfre fully sidestepped latest nat cats; US hurricanes are non-events

P&C margins edged up on ‘underwriting adjustments’ and further work on rate.   29 October 2024

Insurance

Accredited appoints former Guy Carpenter and Fidelis C-suite leaders to board

Company says it seeks to balance growth with ‘rigorous’ risk management and strong governance.   29 October 2024

Insurance

Commercial rates hold stable after Q2 storm; property still double digit

Average monthly renewal rate growth moves in Q3 are one eighth that seen in Q2.   25 October 2024

Insurance

US settles $100m+ lawsuit over Baltimore bridge collapse

Settlement covers federal costs incurred to restore access to the Port of Baltimore.   25 October 2024

Insurance

Rokstone secures multi-year direct & facultative property deal with Aviva

The MGA expects the deal to generate over $200M GWP during the agreement.   23 October 2024

Insurance

Lloyd’s, LMA, LIIBA, CII react to FCA’s ‘uncomfortable’ misconduct findings

Leaders equally highlight an opportunity ‘to make a real difference’.   25 October 2024

Insurance

Australia’s ASIC takes QBE to court alleging it ‘misled’ on pricing discounts

QBE ‘apologises for the inconsistencies,’ stating it will review the pleadings.   23 October 2024

Insurance

QBE’s investment arm backs digital MGA for SMEs Aurora

The investment is designed to enhance its algorithmic trading proposition.   23 October 2024

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