Gallagher reports 20% revenue increase in Q1 as rates continue to rise
Arthur J. Gallagher reported double-digit revenue increases in both of its major business segments in the first quarter of 2024,…
Marsh launches global alternative risk solutions practice
A new global alternative risk solutions practice has been launched by Marsh, bringing together its expertise in parametric solutions, alternative…
ICEYE in data collaboration with Juniper Re on flood and wildfire
Satellite-powered disaster management solutions provider ICEYE has formed a new data collaboration with Juniper Re, the reinsurance broking arm of…
Cyber cat consortium launched to help transfer systemic risk
Ariel Re and Hiscox Re & ILS have launched an “industry first” cyber catastrophe consortium to ultimately boost coverage in…
London market to remain closed for construction SPPI cover
The London insurance market is unlikely to start offering single project professional indemnity (SPPI) cover for construction firms again anytime…
Rates fall in most regions during Q1 but rise in Europe and US: Marsh
Average commercial insurance rates fell in the UK, Asia, Canada and the Pacific during the first quarter of this year…