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Everest Re: Grand ambitions
The company set aggressive targets for 2023 but was light on a deeper dive.
Insurance Insider US Research
,
28 June 2021
Hyperexponential CEO eyes North American expansion after $18mn fundraise
The UK specialist technology firm that helps carriers deploy pricing models is looking to North America and Bermuda as key expansion areas.
Marcel Le Gouais
,
30 June 2021
Axa hails ‘revolution’ of insurance industry climate co-operation
The carrier has been central to the launch of a net-zero underwriting alliance in the run-up to the COP26 conference.
Samuel Casey
,
30 June 2021
July renewals: Muted increases in the US while Europeans do battle over Covid
Pricing momentum on property and casualty slows, while in Europe a messy legal battle over Covid commences.
Rachel Dalton
,
30 June 2021
Aon, Willis call Feb 2022 antitrust trial ‘untenable’
Aon’s legal team said it was concerned that the proposed timetable could kill off the deal before the trial begins.
Bernard Goyder
,
30 June 2021
FedNat lifts reinsurance limit by $333mn to $2.25bn after heavy loss year
The insurer has lifted its ceded premium ratio and noted tougher terms on low-lying all-perils coverage.
Bernard Goyder
,
28 June 2021
Mosaic launches financial institutions division, with $10mn limit per risk
The specialty insurer’s new division will underwrite global liability risks from its London office.
Luke Harrison
,
29 June 2021
White Mountains and Ark extend deadline for extra $200mn investment
The plan to invest an extra $200mn was laid out in the original deal between White Mountains and Ark announced on 1 October and completed on 1 January.
Bernard Goyder
,
29 June 2021
Aon-Willis offer to sell South Africa short-term broking to complete deal
The deal was approved by regulators on the proviso of the disposal, as well as other divestitures already agreed.
Samuel Casey
,
29 June 2021
MS&AD announces withdrawal from new coal underwriting
Japanese carrier MS&AD Insurance Group Holdings has become the latest insurer to limit its coal underwriting appetite, saying it will no longer insure new coal-fired power plants.
Samuel Casey
,
29 June 2021
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