Alliant has raided rival mid-market broking house NFP for a 12-plus real estate broking team led by Gary ...
Aon: April reinsurance renewals show “dramatic shift” in “favour” of buyers
Aon has said the April reinsurance renewals have shown that, following a challenging period for cedants, there has been a “dramatic shift towards ample”...
Aon has said the April reinsurance renewals have shown that, following a challenging period for cedants, there has been a “dramatic shift towards ample”...
Article / 5 hours ago
Munich Re 457 reports 16% increase in GWP amid pivot to green commercial lines
Munich Re Syndicate 457 has posted GWP of £1.2bn for 2023 as the platform continues its pivot towards green commercial specialty and primary insurance...
Munich Re Syndicate 457 has posted GWP of £1.2bn for 2023 as the platform continues its pivot towards green commercial specialty and primary insurance...
Article / 5 hours ago
Amrisc launching $325mn Trouvaille Re sidecar supported by Stone Point and MS Transverse
Amrisc has raised $325mn for the launch of a new sidecar - Trouvaille Re - with backing from PE giant Stone Point and...
Amrisc has raised $325mn for the launch of a new sidecar - Trouvaille Re - with backing from PE giant Stone Point and...
Article / 5 hours ago
AM Best downgrades State Farm General to B on policyholder surplus deterioration
AM Best has downgraded the financial strength rating to B (Fair) from A (Excellent) of State Farm General Insurance Company, the unit of the personal lines giant...
AM Best has downgraded the financial strength rating to B (Fair) from A (Excellent) of State Farm General Insurance Company, the unit of the personal lines giant...
Article / 5 hours ago
TMK seeks Lloyd’s Council approval for proposed £2bn+ merger of 510 and 1880
Tokio Marine Kiln has submitted a notice of intention to Lloyd’s proposing the merger of its two largest syndicates — 510 and 1880 — for the 2025 year of account...
Tokio Marine Kiln has submitted a notice of intention to Lloyd’s proposing the merger of its two largest syndicates — 510 and 1880 — for the 2025 year of account...
Article / 1 day ago
MS Amlin “re-engaging with reinsurers” over Covid settlements
MS Amlin has revealed it is now “re-engaging” with the reinsurers of Syndicate 2001 over Covid-19 BI recoveries following the settlement of the long-running...
MS Amlin has revealed it is now “re-engaging” with the reinsurers of Syndicate 2001 over Covid-19 BI recoveries following the settlement of the long-running...
Article / 1 day ago
All Lloyd's insurance segments remain in the black despite MAT and motor deterioration
All primary segments of the Lloyd's market delivered an underwriting profit for 2023, marking the second consecutive year that all classes have...
All primary segments of the Lloyd's market delivered an underwriting profit for 2023, marking the second consecutive year that all classes have...
Article / 1 day ago
Insurers settle Tottenham Hotspur BI dispute ahead of London trial
A coalition of UK insurers has settled a long-running legal dispute with Premier League football club Tottenham Hotspur over the payment of claims...
A coalition of UK insurers has settled a long-running legal dispute with Premier League football club Tottenham Hotspur over the payment of claims...
Article / 1 day ago
Baltimore bridge loss estimated at $1bn-$3bn with Lloyd's share $250mn+
Early analyst estimates are converging around an industry loss of between $1bn and $3bn for the collapse of the Francis Scott Key Bridge in Baltimore...
Early analyst estimates are converging around an industry loss of between $1bn and $3bn for the collapse of the Francis Scott Key Bridge in Baltimore...
Article / 1 day ago
Former Root CMO Silver sentenced to 4+ years in prison for embezzling $10.2mn
Root's former chief marketing officer BC Silver has been sentenced to more than four years in prison for embezzling $10.2mn from the insurtech....
Root's former chief marketing officer BC Silver has been sentenced to more than four years in prison for embezzling $10.2mn from the insurtech....
Article / 2 days ago