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M&A deal flow drops amid geopolitical uncertainty and high interest rates: Gallagher

Insurers are turning to developing markets, where premiums are higher, as deals dry up.

Aisling Finn, 10 July 2023
Beazley to move ESG consortium capacity to Syndicate 5623 from January

Beazley’s Smart Tracker Syndicate was granted full syndicate status from the start of this year.

Samuel Casey, 10 July 2023
Is the LatAm broking market bound for an uptick in M&A activity?

As M&A activity picks up, sources said Central American reinsurance broker Asesores Intermediarios de Reaseguro is exploring a sale of the business.

Jairo Ibarra, 10 July 2023
Aircraft lessors battle to stop reinsurance hearings in Russia

Insurers argue that, because the contracts were signed in Russia, the reinsurance claims should be heard in Moscow.

Aisling Finn, 10 July 2023
AIG's Sandric appointed MD for Asia role at Allianz Commercial

Under Allianz’s Integrated Commercial strategy, each region will be led by a commercial managing director.

Abbie Day, 10 July 2023
Legacy carrier Marco inks deal to acquire Kelvin Re

The carrier has agreed to acquire the former Credit Suisse ILS unit, following the acquisition of sister company Humboldt Re in 2021.

Catrin Shi, 10 July 2023
Tokio Marine Kiln adds Woulfe and Gooch to standalone cyber division

The firm has also appointed Moore and Bye as cyber underwriters in London and Singapore.

Abbie Day, 10 July 2023
TSR raises preseason hurricane forecast to close to 30-year norm

The update is due to warm sea-surface temperatures in the tropical Atlantic and the exceptional development of two named storms in June.

Abbie Day, 10 July 2023
Some Lloyd’s firms still lag when it comes to gender parity

The Corporation’s latest figures show that more than half of managing agencies are falling behind on female leadership.

Rachel Dalton, 10 July 2023
Court sides with insurers in £3mn-£4mn W&I ruling over gluten-free bakery deal

The judge rejected all the buyer’s claims for breaches of the warranty under its buy-side W&I policy.

Ayesha Venkataraman, 10 July 2023

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