Explore our a sample of our September insights
Explore our a sample of our September insights
Top Articles from Insurance Insider
Top insights from Insurance Insider
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It was announced this week that the business had agreed to be acquired by Skyward Specialty. -
Plaintiffs allege that manufacturers and retailers have broken environmental laws.
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Reinsurers are ready to draw a line under a worsening claim outlook across the casualty market.
Top Articles from Insurance Insider US
Top insights from Insurance Insider US
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Aon acquired NFP from Madison Dearborn in April last year in a $13.4bn deal.
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The broker has filed a motion to dismiss the lawsuit by Marsh.
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Submissions flow at E&S arm Lexington increased 28% year-over-year in Q2.
Top Articles from Insurance Insider ILS
Top insights from Insurance Insider ILS
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Nick Fallon is the latest in a string of retro-broker moves in the market.
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The global specialty player is also exploring ILS offerings across specialty and cat bonds.
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Hannover Re Capital Partners is in talks with two investors for 1 January launch.
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AI and precise data can enable insurers to innovate policy durations, from annual to transaction-specific, offering more tailored coverage options, said Christina Lucas, Global Market Leader, Insurance, Google Cloud, during an interview at the PwC Insurance Summit.
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Pushing 1 January renewals late in the season can undermine outcomes, said Maamoun Rajeh, President, Arch Capital Group. During an interview at the PwC Insurance Summit, Rajeh called for a bifurcated market approach combining strategic partnerships and a collaborative price discovery process months before renewals.
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During an interview at the PwC Insurance Summit, SiriusPoint CEO Scott Egan highlighted the danger of pricing cycles. As pressure mounts after a quiet cat quarter, he urged reinsurers not to create pricing cycles by chasing volume at the expense of long-term industry attractiveness and risk adequacy.
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The continued growth in cat bonds and third-party investment brings new options for risk transfer, diversifies investor pools and boosts returns, said Andy Marcell, CEO, Aon Global Solutions, during an interview at the PwC Insurance Summit.
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"We are unique in that for every line of business we write, we have both an owned balance sheet and a third-party capital solution to bring to customers," RenaissanceRe CEO Kevin O'Donnell said during an interview at the PwC Insurance Summit in Bermuda.
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Reinsurance investments surged past 50 deals in Q3, Freddie Scarratt, Global Deputy Head of InsurTech, Gallagher Re, said during an interview at the PwC Insurance Summit in Bermuda. He said 75% of the deals were AI-driven.
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MultiStrat, the founder of casualty ILS, is focusing on committed capital to grow, said Bob Forness, CEO, MultiStrat.
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From cat losses from wildfires and hurricanes to litigation battles to the shifting commercial insurance landscape — these are the stories that defined our industry in the last 12 months. In celebration of Insurance Insider US Honors Awards, please enjoy our Year in Review video.
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While investors recently have favored the “instant gratification” of supporting brokers and MGAs, start-up reinsurer Mereo CEO David Croom-Johnson said he thinks capital will “fall back in love” with balance-sheet companies who deliver consistent profitable results.
