News

Insurance

Ascot beefs up Bermuda leadership in expansion move

The re/insurer seeks to drive further business diversification and profitability.   3 May 2024

Insurance

Everest spreads wings to Australia, eyes major expansion in Asia Pacific

The move is part of its international expansion strategy.   14 May 2024

Insurance

Big shake up at Helvetia in strategic international move

The Swiss insurer aims to become an integrated international group.   17 May 2024

Insurance

Marsh McLennan grows 9% in re/insurance broking lines, ups margin

Reinsurance broker Guy Carpenter laid claim to $1.1bn in Q1 revenue, up 7% y/y.   18 April 2024

Insurance

Middle East flooding bears 3-digit million cost, mild insurance bill

A week of severe storms and rain also hit the central and northeast US hard.   19 April 2024

Insurance

Arch lifts 10 year veteran to top claims role

Appointee will lead the claims function and strategy for London Market, UK, Australia and EU.   1 May 2024

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

article

Allianz may have low/mid double digit Baltimore bridge loss pending

Losses come via P&I covers and look ‘really, really small’ against total corporate book.   15 May 2024

Reinsurance

Hamilton Re lures new chief financial officer from RenRe

The appointee has also held roles at accounting firms EY and PwC.   30 April 2024

Reinsurance

Everest likes property cat reinsurance; might take more at mid-years

Everest has been leaning in as its preferred cedants come forward with increased demand.   30 April 2024

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