News

Insurance

Nordics’ pure-play P&C insurer Sampo mulls demerger to reduce market risk

The move follows a strategic review to improve its capital efficiency with reduced market risk.   30 March 2023

Insurance

Lloyd’s picks 13 insurtechs for first European-focused cohort

The new cohort aims to increase collaboration between London and European insurtechs.   30 March 2023

Insurance

Commercial property insurers can push rate past inflation: AM Best

Reinsurance costs in property will not abate soon, the rating agency warns.   30 March 2023

Insurance

Gallagher launches in new European market

The move follows the integration of three businesses acquired over the years.   30 March 2023

Insurance

New Zealand insurance market faces losses over NZ$1.5bn from Cyclone Gabrielle

The initial estimate covers the property line of business.   30 March 2023

Insurance

Canopius plots ambitious growth strategy after 2022 ‘reset’ amid loss

We are in ‘control’ without relying on further hardening in market conditions, says CEO.   30 March 2023

Insurance

CCR handles largest ever claim; counters with 17% growth in global reinsurance

2022 droughts render ‘the most expensive market event’ since the public programme’s creation.   29 March 2023

Insurance

Florida’s Citizens can’t stem the policy inflows; 1.5m mark in sight

The summer surge in policies turned to a $2.24bn full-year net loss after Hurricane Ian.   29 March 2023

Insurance

Pen enters new specialist line with key strategic hire from Gallagher

The executive has led specialist practices at CFC Underwriting, Munich Re and Miller.   29 March 2023

Insurance

LMG reveals key milestones for Blueprint Two modernisation programme

The London Market Group’s Data Council has approved MRC v3 and CDR v3.2.   29 March 2023

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