Rates up 4% in Q4 as moderation trend continued: Marsh
Average global commercial insurance rates rose by 4% in Q4 2022 as prices increased for the 21st consecutive quarter but…
Rousseau replaced as SCOR CEO following poor Q3 results
Thierry Léger, group chief underwriting officer at Swiss Re, is replacing Laurent Rousseau as CEO of SCOR after the Paris-based…
Marsh posts ‘outstanding’ 2022 result on the back of hard market
John Doyle, president and CEO of Marsh McLennan, described 2022 as an “outstanding year” for the group, which reported net…
Gallagher expects further rate increases as it reports revenue growth
Primary insurance rates will likely increase further in 2023 as the effect of higher year-end reinsurance costs filter through to…
Insurers increasingly offer risk prevention and risk engineering services
Insurers are increasingly transforming “from payers to preventers”, offering specialised risk-mitigating coverage, with a focus on risk prevention and risk…
Beazley offers private equity D&O liability policy
A new private equity D&O liability insurance product has been launched by Beazley. According to the insurer, it focuses on…
