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Axis’s April renewals yielded 9% rate, 85% retention amid reinsurance reposition: Tizzio

The withdrawal from the aviation reinsurance class announced yesterday represented ~$10mn of non-renewed premium.

Jairo Ibarra, 27 April 2023
Gallagher takes Aston Lark’s Walkley for D&O and FI

The appointment comes as rates continue to decline in the D&O market.

Samuel Casey, 27 April 2023
Howden lures Marsh’s Howell as MD and global practice leader

Howell joins after a 22-year long tenure at Marsh, currently holding the position of MD and global service leader in its risk management practice.

Abbie Day, 27 April 2023
Market conditions are ‘really favourable’ for Lancashire: CUO Gregory

Lancashire said positive rate momentum in the market was benefitting nearly all of its business lines, including its reinsurance portfolio.

Aisling Finn, 27 April 2023
WTW's revised free cash flow guidance doesn’t impact M&A strategy: Krasner

Shares were trading down 6% following the publication of the broker’s Q1 results.

Samuel Casey, 27 April 2023
Does Travelers’ pricing and underlying trends suggest a strong showing for other commercials?

Travelers posts strong results boosted by better pricing, personal lines performance, and favorable development.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, 20 April 2023
Craigs, De Haldevang and Sabbarton to exit Canopius in restructure

The group said it remains committed to its reinsurance, specialty and short-tail units.

Rachel Dalton, 27 April 2023
Pricing increases for cyber moderate again over Q1 to 11%: Marsh

Most lines continued to record price increases, with global rates being propelled largely by rising rates in property insurance.

Aisling Finn, 27 April 2023
Cargo market stirred up by $50mn cocoa bean warehouse claim

A fire at a warehouse outside Amsterdam damaged a substantial amount of cocoa owned by Cargill.

Samuel Casey, 27 April 2023
WTW organic growth accelerates to 8% in Q1 driven by risk and broking

The broker reported new business and increased retention in aerospace, financial solutions and natural resources.

Samuel Casey, 27 April 2023

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