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On-chain InsurTech Nayms closes private token sale
Founded in 2019, the InsurTech is the first to hold both the full Digital Asset Business Act license and Innovative Insurer General Business license from Bermudian regulators.
Aisling Finn
,
21 April 2023
QBE takes Beazley’s Davis as global head of cyber
The underwriter will be based in southern California and lead global strategy in cyber for the insurer.
Samuel Casey
,
21 April 2023
The Week in 90 Seconds: Marsh Fast Track; NZIA exits; Energy liability losses
Plus the latest executive moves and all the top news of the week.
Rachel Dalton
,
21 April 2023
Scor upped GWP by 17% ex-agriculture at 1.4 renewals
The reinsurer achieved rate increases of 7% across its portfolio.
Rachel Dalton
,
20 April 2023
Marsh McLennan expects restructuring costs to hit $400mn
The broker expects the restructure to result in savings of $300mn by 2024.
Samuel Casey
,
20 April 2023
Marsh global rates index stays flat at 4% gain in Q1, property accelerates
Primary insurance rate increases were 10% for property in Q1 compared to 7% in Q4.
Thorsten Schier
,
20 April 2023
BMS hires fac leaders out of Guy Carpenter and Gallagher
GC’s Steve Housse and AJG’s James Elliott have resigned to join the challenger reinsurance broker.
Adam McNestrie
,
20 April 2023
‘Nothing one-off’ about Q1 Marsh McLennan growth: Doyle
The broker said US property cat reinsurance rates increased by 40% to 60% in April for clean renewals.
Samuel Casey
,
20 April 2023
Interview: Aspen focused on sustained improvement rather than IPO – CEO Cloutier
Mark Cloutier set out Aspen’s plans for top-line 2023 growth in the range of 10%, and a continued strategy of pursuing rate rather than exposure growth in property cat.
Marcel Le Gouais
,
20 April 2023
Marsh McLennan hails 2023 momentum as Q1 organic growth surges to 9%
The increased growth from Q4 halts a trend of gradual deceleration experienced through 2022.
Samuel Casey
,
20 April 2023
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