GRM Insurance
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New global head of ART at Allianz Global Corporate & Specialty
Lara Martiner is to become the new global head of alternative risk transfer at Allianz Global Corporate & Specialty (AGCS),…
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US P&C insurers report significant improvements in 2024
The US P&C insurance industry’s 2024 net income is estimated at $170bn, according to data analytics firm Verisk and The…
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International Underwriting Association names new CEO
The International Underwriting Association (IUA) has appointed Chris Jones as chief executive. He will formally take up his responsibilities on…
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Lloyd’s ‘comfortable’ with targets despite $2.3bn wildfire losses
Lloyd’s is maintaining its 2025 growth and profitability targets despite market softening and large losses in Q1 from the California…
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Gallagher expects AssuredPartners deal to close in the Autumn despite regulatory queries
Executives at Arthur J. Gallagher said they are surprised by antitrust regulators’ request for more information on the broker’s planned…
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Lloyd’s premium up 6.5% despite rates levelling off
Lloyd’s increased its gross written premiums by 6.5% last year to £55.5bn on the back of higher volume as rates…
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Litigation risk insurance provider Ignite Specialty Risk expands into EEA
Ignite Specialty Risk, a provider of litigation risk insurance, is expanding into the European Economic Area (EEA), making after the…
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New Zealand general insurance industry to grow 10% in 2025
The New Zealand general insurance industry is expected to grow by 10.3% in 2025, and to reach $9.6bn by 2029,…
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Artio launches early-stage carbon credit delivery insurance product
Tokio Marine HCC International (TMHCCI), Markel and Apollo are providing insurance capacity for climate insurtech Artio’s early-stage carbon credit delivery…
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BMS completes deal for Spanish broker Rasher
BMS Group has completed the acquisition of Spanish insurance broker Rasher and its Latin American subsidiaries. Rasher specialises in surety,…
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IQUW launches active assailant cover
UK-based specialty insurer IQUW has partnered with crisis response specialist Crisis24 to provide cover for a physical attack carried out…
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Talanx results boosted by HDI Global’s 43% jump in net income
Talanx group’s corporate and specialty lines written by HDI Global saw net income jump by 42.6% in 2024 to €501m…
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Canopius Group appoints group risk director
Candace Steele has been appointed as group risk director at Canopius Group. She will be responsible for coordinating Canopius’ risk…
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Howden closing in on Risk Strategies acquisition, reports
Howden is reportedly close to finalising a deal to acquire Risk Strategies, a privately held US brokerage firm with more…
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New global head of energy and power at Marsh
Amy Barnes has been appointed as global head of energy & power. Based in London, Barnes succeeds and will report…
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BHSI scales up US retail general property organisation
Berkshire Hathaway Specialty Insurance (BHSI) is scaling up its US retail general property organisation into four distinct regions: Northeast, Southeast,…
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Zurich Resilience Solutions to double in size as demand for risk advice grows
Zurich Insurance expects further growth in its Zurich Resilience Solutions (ZRS) business as boards increasingly look for outside help to…
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US P&C returns to underwriting profit in 2024: Best
The US property and casualty industry swung to a $22.9bn net underwriting gain in 2024 from a $21.3bn loss in…
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London (re)insurance market parametric exchange launched
Insurtech and Lloyd’s Coverholder Yokahu, has launched a parametric exchange for the London (re)insurance market. The exchange, cat-risk.com, connects brokers,…
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Nat cat parametric insurance platform and reinsurer launched in Bermuda and Texas
An AI-powered parametric insurance platform and reinsurer writing natural catastrophe risks has been launched in Bermuda and Texas. Mythen comprises…