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Insurers not taking long-term view on rates: Greenberg

The P&C insurance market is showing signs of a hardening pricing environment, but insurers are not taking a long-term view when considering rate increases at renewal, Chubb chairman and CEO Evan Greenberg said.

Catrin Shi, 09 April 2018
Opinion: Sticky floors

Ed Broking's Steve Hearn predicted the insurance industry would "disgrace itself" when it came to gender pay gap reporting, and now that the figures have been published, you can see why he chose to use such extreme language.

Charlie Thomas, 09 April 2018
Alliant close to Crystal & Co acquisition: sources

Expansive US retail broker Alliant is closing in on a deal to buy New York-based Crystal & Company, The Insurance Insider can reveal.

David Bull, 07 April 2018
TransRe names Aspen Re’s Cardona as Latin America lead

TransRe has picked up Latin American and Caribbean specialist Hugo Cardona from Aspen Re, earlier this week naming the executive as its Miami-based vice president and head of marketing and business development for the region.

Ted Bunker, 07 April 2018
Former Scottsdale executives set up a new E&S carrier

Former Nationwide insurance unit president Mike Miller is teaming up with two ex-colleagues – a former XL Catlin unit leader and an information systems executive – to form a new excess and surplus carrier called Ategrity Specialty Insurance Company.

Ted Bunker, 07 April 2018
Apollo lines up among Aspen bidders

Global investment giant Apollo Global Management is among the potential acquirers that have engaged with up-for-sale Bermudian Aspen, The Insurance Insider can reveal.

Adam McNestrie, 06 April 2018
Sompo taps AIG and Axis for US development executives

Specialty property and casualty (re)insurer Sompo International named Jonathan Monks and Ben Tasse to the newly created roles of senior vice president, business development, for its US insurance platform.

Ted Bunker, 06 April 2018
Insurers anticipate $2.5bn Adnoc claim

The downstream energy market is expecting Abu Dhabi National Oil Company (Adnoc) to seek to push the claim for a refinery fire last year as high as $2.5bn, The Insurance Insider can reveal.

Adam McNestrie, 06 April 2018
BB&T expands retail footprint with Regions acquisition

BB&T Insurance has agreed to acquire Regions Insurance Group for an undisclosed sum, the carrier's parent company said today.

Charlie Thomas, 06 April 2018
Maiden strategic review plan bolsters shares

Maiden Holdings shares rose 3 percent in Nasdaq trading today after the company confirmed it has hired Bank of America Merrill Lynch to conduct a strategic review.

Adam McNestrie, 06 April 2018

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