Industry figures call for rethink as long delayed transformation programme is reportedly put on ice and team disbanded
Convex completes new ownership structure after regulatory approval as AIG also acquires 9.9% of Onex
Appointment joining from Aon reinforces focus on modelling analytics and emerging risk assessment
London’s commercial and specialty re/insurance market has doubled in size in a decade, lifting its global share to 8.7%, but the LMG warns that faster-growing rivals and an emerging talent gap could threaten its position.
Regional CEO appointment follows internal merger of Liberty Insurance and Liberty Specialty Markets under single licence
The rising tide of political violence is increasingly being flet through business interruption losses, warns Matt Rooney, senior associate director, McLarens
Bermuda-based software founder says there is a widespread problem among carriers of doing data management at too junior levels, causing mistakes
Credit, surety and political risks delivered double digit growth, and agricultural business expanded in core markets including Brazil and the US
“Ready or Not” report published by the reinsurance broker urges clearer risk classification as probabilistic systems challenge coverage triggers
Greek and Cypriot appointments aim to strengthen treaty and facultative capabilities for regional insurer clients
Beazley’s board says it would be minded to recommend 1,310p bid plus dividend subject to due diligence and final documentation
Traditional reinsurance grows 4.7% while alternative solutions surge 80.5% amid disciplined underwriting
Industry bodies for marine insurance and cargo urge urgent action as fake carriers and digital deception drive billions in supply chain losses
Modelled losses, primarily driven by winter freeze, span more than 30 states as burst pipes and power outages compound impacts across southern US
Expansion adds Bermuda property line to cross class follow platform first launched in 2021
Expansion gives clients single access point to more than 400 markets through coordinated global direct and facultative reinsurance structure, the broker said
New York appointment signals expansion into political risk, trade credit and surety treaty lines
Ed Louth’s arrival to LSM from Willis comes as Miles Taffs prepares to retire later this year
Oversupply of capacity and improved structural terms drive sharp reduction in pricing for cyber aggregate protection
Last year’s natural catastrophe events made one truth unmistakably clear: climate risk models built primarily on historical patterns are no longer reliable guides to future loss, writes James Rendell, CEO and founder of BirdsEyeView
Dubai insurer collaboration with its Japanese parent group supports Middle East growth strategy as demand rises from lenders and credit providers across the region