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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MS Amlin capacity backs Ukraine reinsurance scheme
Lloyd’s insurer MS Amlin said it will bind the first risks under a new Ukraine reinsurance scheme unveiled by Aon…
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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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Aon and Willis boost data analytics capabilities
Aon and Willis have both boosted their data and analytics teams as the race to make the most of emerging…
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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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Beazley meets renewable energy demand in Iberia with new hire
Beazley has appointed Teresa Merino as renewable energy regional manager for Spain and Portugal. Merino joins the specialty insurer from…
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Health and safety top risk for D&Os in WTW survey
Health and safety again polled as the top risk facing directors and officers across the world in the latest annual…
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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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France’s CCR reports another technical loss as reserves dwindle
Technical results at France’s state-owned reinsurer CCR closed 2024 in the red for the eighth time in ten years, as…
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Buyer-friendly conditions spread in Europe as market enters new phase
European buyers face increasingly favourable market conditions, with the cost of cyber and financial lines cover still falling and softening…
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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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VIG Re confirms Faucret as head of Western Europe
Vienna Insurance Group (VIG) has confirmed Viktor Faucret as managing director of VIG Re France and head of Western Europe…
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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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European insurance M&As hit record high
The number of European insurance mergers and acquisitions rose by 20% in 2024 to reach a record 694 deals, according…
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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…