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Algorithmic follow-only MGA Vi Digital heads for soft launch

The start-up has been founded by Chris Léglu and Caspar Murphy.

Catrin Shi, 09 November 2023
Zurich’s P&C GWP up 8% to $34.6bn over first nine months

In the US, growth was driven by property and motor lines, while Brazil and Mexico contributed most to the Latin America region’s growth.

Aisling Finn, 09 November 2023
Hannover Re P&C combined ratio improves 2.8 points to 92.2% in Q3

The firm’s insurance revenue result was pulled down by currency effects among other factors.

Liz Bury, 09 November 2023
Swiss Re and casualty: Canary in the reinsurance coal mine or outlier?

Variations between the casualty and cat markets mean 2024 cat outcomes may be far less uniform than they were this year.

Fiona Robertson, 09 November 2023
Lancashire GWP grows 23% to $1.6bn over first nine months

The carrier attributed the growth to significant rate rises in property (re)insurance and growth across other specialty lines.

Aisling Finn, 09 November 2023
SiriusPoint’s Q3 CoR improves nearly 20 points to 88%

Q3 cat losses were down to $12mn, from $114.6mn in Q3 2022, while favourable prior-year reserves also increased by fivefold to $24.7mn.

Kyoung-son Song, 08 November 2023
Vesttoo and UCC reach liquidation plan agreement, challenge UST conversion motion

Under the agreement, reached late on Monday, Vesttoo would sell its assets in a transaction that would close by December 1, 2023.

Shelby Rosenberg, 08 November 2023
Conduit Re has limited exposure to Israel-Hamas conflict: Carvey

Sources previously told this publication there is up $15bn of exposure on-risk locally.

Jai Singh, 08 November 2023
Insider On Air

In Partnership With Allianz

Allianz Commercial: ‘Grace, Pace and Space’ in Repositioned Brand

Allianz Global Corporate and Specialty’s repositioning to Allianz Commercial is more than a rebranding, said Nick Hobbs, chief distribution officer for Allianz Commercial for the UK.

Meg Green, 08 November 2023
James River sells casualty re business to Fleming for $277mn

The deal values the Bermuda casualty re subsidiary at 0.75x book with James River to receive $138mn in cash and a $139mn pre-closing dividend.

Jairo Ibarra, 08 November 2023

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