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Commercial property overtakes auto in rate hardening race: CIAB
New data from CIAB shows commercial property saw rates rise by 8.5 percent in 2019’s second quarter owing to wildfires and midwestern losses.
Laura Sanicola
,
23 August 2019
US P&C profits fall 9.6% year on year: AM Best
Aggregate underwriting income in the first half of 2019 fell to some $32.7bn among carriers tracked by the agency.
John Hewitt Jones
,
23 August 2019
B3i adds first Chinese shareholder
The addition of China Pacific Insurance Group comes weeks after IRB Brasil Re’s $3.9mn investment.
Laura Sanicola
,
22 August 2019
Axis Re Bermuda president Kiernan departs
Kiernan's departure brings to an end his 13 year stint with the company.
Fiona Robertson
,
22 August 2019
Sirius appoints CMIG executive Tan to board as finance chair
The CMIG chief risk officer replaces departing board member Laurence Liao.
Samuel Casey
,
22 August 2019
Three-quarters of broker M&A backed by private equity: Sica Fletcher
Acrisure alone accounted for 341 transactions over a two and a half-year period.
Bernard Goyder
,
22 August 2019
RSG buys hotel specialist Suitelife
Acquisitive broking group buys Pennsylvania-based MGU.
Rachel Dalton
,
22 August 2019
Ardonagh can easily double in size ‘within three years’: Ross
The CEO suggested the company may consider a liquidity event within five years to fuel its growth ambitions.
Catrin Shi
,
22 August 2019
Boeing claims report pegs Lion Air crash liability reserve at $330mn
Negotiations continue between the victims’ families, Boeing and its insurers.
John Hewitt Jones
,
22 August 2019
Private equity backing comes with a tricky conundrum for MGA management
The ears of private equity (PE) houses will have likely pricked up at the news of Pioneer looking for a buyer.
Catrin Shi
,
22 August 2019
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