The latest insurance industry news | Insurance Insider
WEBInsurance United Against Dementia completes Pyrenees trek. IUAD has raised £9mn to date and is targeting £10mn by March 2025. Aisling Finn, 19 June 2024.
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WEBSep 16, 2024 · Liberty Mutual Re brings in Generali’s Kollmann as COO. She replaces interim COO Kirk Maddern, who retires at the end of the year. Kyoung-son Song, 16 September 2024.
Dale’s property reinsurance head Curran set to exit
WEBAug 22, 2024 · Will Curran joined the Lloyd's syndicate earlier this year. Dale Underwriting Partners’ head of global property reinsurance Will Curran is set to depart the business, Insurance Insider can ...
Growing ILS capacity in legacy addresses unmet demand for …
WEBAug 20, 2024 · Legacy acquirers have cited social inflation concerns as one of the bigger drivers of the low hit-rate on closed deals. Social inflation pressures were deemed a double-edged sword in legacy, as it ...
Munich Re - Insurance Insider
WEBGlobal H1 insured nat cat losses exceed 10-year average: Munich Re. Over 75% of insured losses attributable to severe thunderstorms, flooding and forest fires. Ayesha Venkataraman, 31 July 2024.
Primary Group puts Policy Expert back on the market
WEBJul 6, 2023 · Investment firm Primary Group has appointed Perella Weinberg to advise on the sale of UK personal lines provider Policy Expert, this publication can reveal. Sources said the company sent out an ...
Amlin bets on US casualty reinsurance turn | Insurance Insider
WEBJul 19, 2012 · Lloyd's (re)insurer Amlin has positioned itself to take advantage of the nascent signs of hardening rates in the US casualty market with the launch of a new lead US casualty reinsurance team.
FCA rules review: Getting commercial insurance regulation right
WEBAug 14, 2024 · The review launched last month off the back of the Consumer Duty regulation is seeking to establish which rules could be removed or simplified because of overlap. The FCA’s aim is to reduce ...
IGI and Markel hit with up to $30mn South African riot losses
WEBNov 19, 2021 · IGI and Markel are facing combined South African riot losses of $20mn-$30mn via the South Africa-based Mutual Risk Group, Insurance Insider understands. The South African Mutual Risk Group is a ...
Swiss Re adds $650mn in US casualty reserves over H1
WEBAug 22, 2024 · Positive cat experience impact of $600mn was offset by $500mn in property and specialty reserves. Swiss Re bolstered its reserves for US casualty by $650mn over H1, according to its mid-year ...