News

Insurance

Reinsurers could close capacity gap on power of single low-cat season

Even a ‘normal’ $100bn year would leave the hard market only ‘some incremental momentum’.   6 June 2023

Insurance

Miller mines Marsh/JLT to expand in marine market

The broker has created a new chairman role for direct marine.   6 June 2023

Insurance

Ardonagh expands European portfolio with key player in Dutch market

Ardonagh has acquired a commercial lines broker that distributed over €100m of GWP per year.   6 June 2023

Insurance

Florida draws daredevils at 6/1 renewals while capital still lags

Berkshire Hathaway, DE Shaw, Ariel Re and Arch said to have made early strong forays.   5 June 2023

Insurance

Tokio Marine Kiln plots ‘bold’ growth strategy for cyber

The insurer has set up a standalone cyber and enterprise risk division.   5 June 2023

Insurance

Corvus taps ex-SiriusPoint talent for chief risk officer role

The executive was also chief actuarial & analytics officer at SynchronoSure.   5 June 2023

Insurance

Allstate follows State Farm to suspend new business pursuits in California

Together the two firms suspending new business growth represent 13.5% of the market.   5 June 2023

Insurance

Lockton Re taps Liberty/Travelers expertise to lead push into US property fac

‘His acumen in the property market is unparalleled,’ says CEO Nick Durant.   5 June 2023

Insurance

Aon, Praedicat to offer new emerging casualty risk solutions

These include those associated with climate, microplastics and nanotechnology.   5 June 2023

Insurance

Insurance power: ESG versus energy access in Africa

Insurers have the capability to help accelerate coal power phase-outs without compromising electricity access, argues Mikir Shah, CEO of Africa Specialty Risks.   5 June 2023

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