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1652

Exclusive news and intelligence our readers can rely on.

The Insurer
30 Oct 2024

Howden’s Douglas: Parametrics “at the heart” of wider climate risk quantification | Parametric Insurer

The next five years will see the wider financial system adopt the metrics and methodologies of the insurance sector to quantify physical climate risk, Howden’s Rowan...

The Insurer
30 Oct 2024

Gallagher appoints Zurich’s Richardson as energy risk engineer | The Insurer

Gallagher has appointed Darren Richardson as an energy risk engineer to support its oil and gas value chain operations.

The Insurer
30 Oct 2024

Oak Re continues build-out with Lockton Re, Gallagher Re, Inigo and Nephila hires | The Insurer

Lloyd’s 1.1 start-up Oak Re is continuing to build out its underwriting team with a number of hires from both carriers and brokers, The Insurer can reveal.

The Insurer
30 Oct 2024

Captives and competitiveness top industry agenda ahead of UK budget | The Insurer

An effective UK captive regime and a broader regulatory framework that prioritises competitiveness and accountability are top of the agenda for the UK’s insurance tr...

The Insurer
30 Oct 2024

BP Marsh acquires 30% stake in SRT & Partners | The Insurer

Insurance-focused investor BP Marsh has acquired a 30 percent cumulative preferred ordinary shareholding in UK retail and London market broker SRT & Partners.

The Insurer
30 Oct 2024

Six climate demonstrators arrested in WTW protest | Sustainable Insurer

Six members of Extinction Rebellion were arrested in the City of London on Tuesday after targeting the offices of WTW.

The Insurer
30 Oct 2024

Chubb beats on earnings as P&C underwriting income climbs 11.7% to $1.46bn | The Insurer

Chubb reported third quarter earnings that included a P&C combined ratio that improved 70 basis points (bps) to 87.7 percent despite higher cat losses that inclu...

The Insurer
30 Oct 2024

Gallagher records $811mn purchase price for 28 acquisitions in 9M 2024 | The Insurer

Arthur J Gallagher recorded a $811.0mn total recorded price for the acquisitions during the first nine months of this year.

The Insurer
30 Oct 2024

Skyward reports Q3 earnings beat despite CR deteriorating 2 pts to 92.2% | The Insurer

Skyward Specialty has reported an earnings beat for the third quarter in results that included the combined ratio worsening by 2 points to 92.2 percent on higher cat...

The Insurer
30 Oct 2024

Sinclair sues CNA and Starr for refusing to pay out $10mn layers for cyberattack BI losses | Cyber Risk Insurer

Media company Sinclair has sued two of its excess carriers for refusing to pay the $10mn limits that both provided under its $50mn cyber insurance program for busine...

The Insurer
30 Oct 2024

SEC charges four companies for misleading cybersecurity disclosures | Cyber Risk Insurer

The Securities and Exchange Commission (SEC) has charged four current and former public companies – Unisys Corp, Avaya Holdings Corp, Check Point Software Technologi...

The Insurer
30 Oct 2024

Axa XL launches cyber endorsement for US construction firms | Cyber Risk Insurer

Axa XL has launched a cyber insurance endorsement tailored for construction firms in the US, offering enhanced protection against cyber threats.

The Insurer
30 Oct 2024

CBIZ insurance revenues up 4% in Q3 | The Insurer

CBIZ has reported benefits and insurance services revenues of $104.0mn for the third quarter, an increase of around 4 percent, with the company’s shares trading up 8...

The Insurer
30 Oct 2024

FEMA: Over 54,000 NFIP claims filed after Hurricane Helene | The Insurer

More than 54,000 National Flood Insurance Program policyholders affected by Hurricane Helene have filed claims, according to the US Federal Emergency Management Agen...

The Insurer
30 Oct 2024

Specialty admitted market helps drive programs growth at Brown & Brown | Program Manager

After Brown & Brown’s programs business delivered 22.8 percent organic growth in Q3, the firm’s president and CEO J Powell Brown said the unit will continue to b...

The Insurer
30 Oct 2024

Judge dismisses Chubb unit’s lawsuit against NJ diocese over abuse coverage | The Insurer

A New Jersey federal court judge has dismissed Century Indemnity Co’s lawsuit against the Diocese of Trenton over coverage for sexual abuse claims, finding the court...

The Insurer
30 Oct 2024

SageSure adds ex-Guy Carpenter CEO Hearn to board | Program Manager

New Jersey-based MGA SageSure has appointed former Guy Carpenter CEO Peter Hearn to its board of managers.

The Insurer
30 Oct 2024

Platinum’s ISC gets Obsidian capacity for new HNOA program | Program Manager

Platinum Specialty Underwriters’ IPC division has inked a capacity partnership with Obsidian to support a new hired and non-owned auto insurance program, which is av...

The Insurer
29 Oct 2024

Baloise to sell digital P&C insurer Friday to Allianz | The Insurer

Baloise Holding has announced the sale of its portfolio holdings in digital P&C insurer Friday, one month after Swedish activist investor Cevian Capital disclose...

The Insurer
29 Oct 2024

Coalition enters UK cyber partnership with The Hartford | The Insurer

Cyber insurer Coalition has entered a new long-term capacity partnership with The Hartford in the UK.

The Insurer
29 Oct 2024

Marsh: Global cyber rates drop 6% in Q3 with declines in every region | Cyber Risk Insurer

Cyber rate decreases globally held steady in the third quarter at 6 percent compared with Q2, according to Marsh, with rate declines slowing in the US but accelerati...

The Insurer
29 Oct 2024

BP Marsh builds stake in Dowman’s Pantheon to 37% | The Insurer

BP Marsh and Partners Plc, the specialist insurance-focused early-stage investor, has acquired a further 5 percent shareholding in Pantheon Specialty, the ambitious ...

The Insurer
29 Oct 2024

1651

Exclusive news and intelligence our readers can rely on.

The Insurer
29 Oct 2024

Liberty Mutual Re adds Axa’s Belin to agriculture and parametrics team | Parametric Insurer

Charlotte Belin has joined Liberty Mutual Re as a senior underwriter, agriculture and parametrics, based in Paris.

The Insurer
29 Oct 2024
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