News

Insurance

Everest Re happily accepts ILS drought to keep newly attained margin

‘We’ll take that trade all day long, driving return in our reinsurance business.’   9 February 2023

Insurance

WTW enjoys organic growth, but profit slumps 76% y/y

The broker benefited from hiring efforts, investment in technology and transformation.   9 February 2023

Insurance

Turkey earthquake: ~$1bn insurance losses to be borne by global reinsurers

The Turkish Catastrophe Insurance Pool (TCIP) is heavily reinsured.   9 February 2023

Insurance

Profits at Hannover Re parent Talanx jump 16% in 2022

The group is anticipating net profit of approximately €1.4bn this year.   9 February 2023

Insurance

Zurich drops aggregate cat reinsurance at 1.1; can manage from front-end

‘We are just not dependent on reinsurance in that way,’ CFO Quinn said of the trade-offs.   9 February 2023

Insurance

Zurich profit plummets 12% despite highest BOP in 15 years

P&C enjoys double digit top-line growth driven by continued improvement in commercial margins.   9 February 2023

Insurance

CFC rehires cyber underwriting leader from Markel after solid growth

The executive returns to CFC after almost a decade at Markel and CNA Europe.   9 February 2023

Insurance

AmTrust expands international business in Southeast Asia

The expansion is part of its strategy to grow its warranty and protection offerings.   9 February 2023

Insurance

Lloyd’s broker MNK Re launches new European subsidiary with ex-AIG chief

MNK Re commits to European markets with a new subsidiary in Poland.   9 February 2023

Insurance

Aon plucks Gallagher marine head to expand in Asia

The broker seeks to develop scalable marine solutions in a challenging market.   8 February 2023

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