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Commercial lines
Prosperity won’t endure in competitive London wholesale: Chubb’s Greenberg
The CEO noted, however, that the UK retail market remains a big business growing well.
Jairo Ibarra
,
30 October 2024
Price softening to spread to wider corners of market: Aon
Clients are taking advantage of market conditions to restore coverage limits.
Samuel Casey
,
28 August 2024
Re/insurers
Zurich sets out new three-year plan after meeting targets early
The company is on track to exceed its targets for 2023-25 one year ahead of schedule.
Jai Singh
,
21 November 2024
Talent
Chord Re CUO Wheatley resigns
There has been a period of staff displacement in the specialty reinsurance market.
Samuel Casey
,
18 November 2024
AM Best removes Accredited from under review, affirms A- FSR
The action follows the completed acquisition of Accredited by Onex Partners.
Clark Mindock
,
09 August 2024
Carlyle brings Sedgwick back to market a year after pulled process
The buy-side mandate has been awarded to Morgan Stanley and Bank of America.
Adam McNestrie
,
06 June 2024
Re/insurers
JPI class faces potential loss after BMO appeal in Minnesota case
Sources expect at least $80mn-$90mn of insured losses stemming from the case.
Jairo Ibarra
,
03 October 2024
CrowdStrike industry loss estimated at $300mn-$1bn: GC
The broker said less than 1% of companies globally with cyber insurance were impacted.
Ayesha Venkataraman
,
02 August 2024
Beazley exploring carbon credit market through incubation underwriting unit
The carbon market is viewed as a potential growth class for insurers.
Samuel Casey
,
27 August 2024
Hurricane Beryl effects will be ‘limited’ for P&C insurers: Moody’s
Insurers' losses will likely be low and readily absorbed by their earnings.
Caroline Ryan
,
11 July 2024
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