News

Insurance

Forge your own path: how MNK Re carves out space for growth

International broker MNK Re likes to stand out from the crowd rather than follow it, especially when it comes to finding business opportunities, says Manoj Kumar, group CEO and managing director.   19 May 2023

Insurance

Cyber-attacks skyrocket Q1, focus on zero-day software gaps: Beazley

‘Cyber incident frequency has skyrocketed in Q1 2023’ with ‘notable’ monthly gains.   18 May 2023

Insurance

Zurich likes US property, but can’t be tempted to cat exposures

‘We’re trying to make sure we don’t pick up a lot of cat exposure in the process.’   18 May 2023

Insurance

New cyber broker led by former HSCM CUO enters market

The business seeks to transition into an MGA next year.   17 May 2023

Insurance

Zurich claims select top-line growth, but hints at margin issues

Margin not fully booked in commercial, suppressed by loss cost in retail and down in life.   17 May 2023

Insurance

Munich Re ready to take nat cat to the limit to max out margin

‘The hard market is exactly the time to do that,’ CFO Jurecka has said.   17 May 2023

Insurance

Vantage picks ex-AXA XL senior leader for top US financial lines role

The executive has also held leadership roles at Liberty and AIG.   17 May 2023

Insurance

Aon sues Alliant for ‘unlawful raid’ of 26 execs for ‘abrupt entry’ into reinsurance

Aon accuses Alliant of poaching 32% of fac reinsurance group and ‘attacking on all levels’.   17 May 2023

Insurance

Munich Re profit slides 14% on major nat cat blow, but bullish on €4bn 2023 target

Major losses from nat cats nearly doubled to €870m in the first quarter of 2023.   17 May 2023

Insurance

Everest Re bulks up for mid-year renewals with $1.5bn in fresh capital

Recouping the neighbourhood 10% earnings dilution may start within weeks.   17 May 2023

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