BNP Paribas is acquiring Fosun Group's 9% shareholding in Belgian insurer Ageas for around €730 million.....
Gallatin Point targets cat risk with $1.25bn investment in AmFAM reciprocal TRUE
Investor Gallatin Point Capital is making a US $1.25 billion investment into the American Family Insurance Group owned reciprocal insurer Trusted Resource
Investor Gallatin Point Capital is making a US $1.25 billion investment into the American Family Insurance Group owned reciprocal insurer Trusted Resource
Article / 4 months ago
AXA Weighs Offloading $2B Reinsurance Arm to Cut Disaster Risk – Sources - Claims Journal
One of the world's top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes,
One of the world's top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes,
claimsjournal.com /
Article / 10 months ago
Property market update – Rates and Risks
As we approach the mid-point of 2023, the predictions we made about a hardening property market at the turn of the year have borne out, and the impact of reinsured natural catastrophe losses trickling into
As we approach the mid-point of 2023, the predictions we made about a hardening property market at the turn of the year have borne out, and the impact of reinsured natural catastrophe losses trickling into
Article / 10 months ago
Velocity Risk to acquire a Nephila program insurer from State National
Velocity Risk Underwriters, a catastrophe exposed property insurance specialist managing general agency (MGA) operation that was originally set up...
Velocity Risk Underwriters, a catastrophe exposed property insurance specialist managing general agency (MGA) operation that was originally set up...
Article / 11 months ago
Floridian Monarch ‘hungry’ for growth as it eyes M&A and reinsurance entry
Floridian insurer Monarch is eyeing inorganic growth and an entry into the reinsurance market as it seeks to expand market share and capitalise on market conditions...
Floridian insurer Monarch is eyeing inorganic growth and an entry into the reinsurance market as it seeks to expand market share and capitalise on market conditions...
Article / 1 year ago
InsurTech Neptune's sale process narrows to small field including Bregal
Private flood InsurTech MGA Neptune Flood’s sale process is now down to its final few bidders, Inside P&C can reveal....
Private flood InsurTech MGA Neptune Flood’s sale process is now down to its final few bidders, Inside P&C can reveal....
Article / 1 year ago
Citizens looks for $5.8bn of 2023 risk transfer including Lightning Re industry loss cat bond
Florida’s Citizens Property Insurance Corporation plans to go to market to secure enough traditional and capital markets limit for a $5.8bn 2023 risk transfer...
Florida’s Citizens Property Insurance Corporation plans to go to market to secure enough traditional and capital markets limit for a $5.8bn 2023 risk transfer...
Article / 1 year ago
US P&C 2023 outlook: reinsurance costs, M&A slowdown, E&S evolution
A hard market, higher reinsurance costs and ongoing low M&A activity are in the cards for property and casualty insurers in the new year.
A hard market, higher reinsurance costs and ongoing low M&A activity are in the cards for property and casualty insurers in the new year.
Article / 1 year ago
2022 in review: Charting the choppy waters of Ukraine and Hurricane Ian
As the reinsurance market scrambles to complete one of the most challenging and disjointed 1 January renewals of recent times, it is worth considering how we...
As the reinsurance market scrambles to complete one of the most challenging and disjointed 1 January renewals of recent times, it is worth considering how we...
Article / 1 year ago
Wright to acquire IAT's flood book
Wright National Flood Insurance Company has agreed to acquire the flood insurance book from IAT Insurance Group and its affiliate Occidental Fire and Casualty Company of North Carolina....
Wright National Flood Insurance Company has agreed to acquire the flood insurance book from IAT Insurance Group and its affiliate Occidental Fire and Casualty Company of North Carolina....
Article / 1 year ago
