Operations/tech
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Certain new and old themes will re-emerge this year as the balance of power shifts. -
The reinsurer is buying out China Minsheng affiliate at year-end.
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A recent drive for additional brokerage underscores the shift towards a softer market.
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The carrier said its P&C and L&H reserves have been confirmed by independent reviewers.
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In October, this publication revealed that the carrier had resumed IPO preparations.
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First-quartile 2023 performers will contract capacity by 5% in aggregate next year, according to our survey analysis.
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Lower inflation and a softer market outlook tempered aggregate growth expectations.
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The broker has placed Rethink staff under consultation, sources said.
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Surging capacity suggests broker facilities are now refined enough to be a long-term feature.
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Marine and energy were the busiest lines, driven by high competition for talent.
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The broker facility is led by Beazley’s Smart Tracker Syndicate.
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