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2021 to be a ‘record year’ for M&A insurance: BMS
In 2020 the market fell to “near paralysis” in the early stages of the pandemic, before rebounding strongly.
Samuel Casey
,
07 May 2021
European reinsurers at 1.4: Key takeaways
Rate increases are tailing off, but the carriers’ reports reveal divergent growth strategies.
Rachel Dalton
,
07 May 2021
Perils pegs cost of Queensland, NSW March flooding at A$1.1bn
Most damage to private and commercial property was covered, but agriculture losses were uninsured.
Rachel Dalton
,
07 May 2021
AIG GI returns to underwriting profit in Q1, grows NA commercial NWP by 29%
The carrier’s North American commercial lines unit grew net written premiums by 29% to $2.7bn.
James Thaler
,
06 May 2021
Aspen hires Shane from Markel as group head of outwards reinsurance
Aspen’s outwards reinsurance team now also joins the carrier’s capital markets unit.
John Hewitt Jones
,
06 May 2021
CII survey finds only 10% plan full-time office work post-pandemic
More than half of survey respondents expect to work from home two or three days a week, with only limited sojourns to the office.
Anna Sagar
,
06 May 2021
Mosaic grows political violence team with Chaucer’s Eldridge
The start-up has been hiring extensively in political violence, with the latest appointment bringing the team to seven.
Anna Sagar
,
06 May 2021
Axa XL appoints Tuggey as permanent head of cyber, UK and Lloyd’s market
Piers Tuggey has served as interim head since December and worked at both predecessor entities Catlin and XL Catlin.
Anna Sagar
,
06 May 2021
Jurecka: 1.4 premium growth shows ‘clear signal’ of Munich Re market share push
The CFO also highlights a total EUR1.7bn Covid-19 related reserve charge for contingency and EUR1bn for BI.
Rachel Dalton
,
06 May 2021
Guy Carpenter launches Asia Pacific catastrophe advisory group
SVP Jeremy Waite will head the operation, while continuing to lead the firm’s property treaty broking team for Australia and New Zealand.
Alex Frampton
,
06 May 2021
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