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AXIS to stop insuring, investing in thermal coal in push for low carbon future
Insurance
The company plans to end all coal-related activities by 2030 in OECD countries and the EU, and 2040 globally.   20 October 2021
Mosaic expands war & terrorism, political violence capacity
Insurance
The increased capacity will allow the company to serve clients through the US market or Bermuda.   20 October 2021
Palomar to bear up to $15.5m cat hit due to Ida and Nicholas
Insurance
Majority of its gross losses are from discontinued lines of business that the company exited in Q4 2020.   20 October 2021
Alternative Risk Transfer
The appointee had helped in shaping the new strategic direction of the business while improving underwriting and servicing processes.   20 October 2021
Insurance
The reinsurance broker has launched a new insurtech center of excellence (COE).   20 October 2021
Insurance
The company says its third quarter result was burdened by heavy losses from natural catastrophes.   20 October 2021
Insurance
The unit will initially encompass product recall, terrorism/political violence and special contingency (K&R) product lines.   20 October 2021
Insurance
The deal marks Marco’s third acquisition within the last nine months.   20 October 2021
Insurance
The broker has hired a vice president for North America financial lines from Chubb.   20 October 2021
Insurance
There are widespread hopes that reinsurance markets will secure rate increases after a loss-impacted 18 months, but new investment continues to pour into the sector, says partner David Sowrey.   20 October 2021

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