GRM Insurance
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March 18, 2024
USAID and WTW working on parametric solution to boost climate change resilience
WTW is working with the US Agency for International Development (USAID) to deliver a parametric solution that will protect and…
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March 18, 2024
Miller adds to new fine art and specie team
Miller has added Lance Thorpe as a specie account executive within its recently created fine art and specie team, which…
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March 15, 2024
Soaring climate losses see insurers exit ‘uninsurable’ areas
Insurers are hiking premiums and exiting high-risk areas as a result of a 360% rise in insured losses in the…
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March 14, 2024
US cyber backstop gathers momentum
Discussions to establish a US cyber insurance backstop, which should spur competition and innovation in the cyber insurance market, are…
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March 12, 2024
Mounting interest in casualty captives as market toughens
Multinationals are increasingly looking to put casualty exposures within captives, particular for areas where the insurance market is proving difficult,…
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March 12, 2024
Antares reports healthy growth in continued ‘positive’ market conditions
Antares Global, the Lloyd’s-based group of insurance and related service companies owned by Qatar Insurance, announced strong growth in 2023…
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March 12, 2024
HDI Global Specialty appoints head of single risk in Australia and New Zealand
HDI Global Specialty has appointed Paula Ritchie as head of single risk in Australia and New Zealand. Single risk is…
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March 12, 2024
Déal named MD of DUAL France as MGA builds out French team
DUAL Europe, Howden’s MGA, has appointed Guillaume Déal from Everest as managing director of its recently created French business. The…
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March 12, 2024
Coalition adds Aspen to panel of cyber insurers
Cyber managing general agent Coalition has agreed to a multiyear capacity deal with Aspen Specialty. Aspen’s capacity will be available…
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March 11, 2024
Our future skies – with AIG
Marie Owens Thomsen – Senior Vice President Sustainability & Chief Economist, IATA – shares her insights on the impact of…
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March 11, 2024
Lloyd’s only exceeds cost of capital for first time in a decade with record results
Risk managers seeking evidence of a significant market softening to offer their CFOs a more optimistic outlook will be disappointed…
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March 11, 2024
HDI Global makes board changes as McDonald exits
Industrial insurer HDI Global, owned by Talanx, has announced changes at board level, with Claire McDonald – head of HDI…
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March 8, 2024
Ten-year high for US P&C sector’s net underwriting loss
The US P&C sector’s net underwriting loss rose to a ten-year high of $38bn in 2023, driven by severe weather-related…
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March 7, 2024
Lloyd’s achieves huge jump in underwriting profit to £5.9bn as rates rise 7%
Lloyd’s saw its underwriting profit more than double last year to £5.9bn from £2.6bn in 2022, helped by price rises…
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March 7, 2024
Beazley delivers record profit as CR falls to 71% and property rates rise 22%
Beazley’s profit before tax jumped 115% last year to a record $1.25bn, with the insurance service result, or underwriting profit,…
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March 7, 2024
Dynamic shift in appetite from Singapore and Malaysia insurance markets
Both the Singapore and Malaysia markets show a dynamic shift in insurers’ focus, with a heightened appetite for cyber, marine,…
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March 7, 2024
Price Forbes appoints energy leader and head of renewables
London-based broker Price Forbes has appointed Dan Nicholls to its energy leadership team, and Ray Spreadbury as head of renewables.…
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March 7, 2024
Mosaic launches technology errors and omissions solution
A primary technology errors and omissions (E&O) solution has been launched by Bermuda-based specialty insurer Mosaic Insurance. The new coverage…
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March 7, 2024
New and enhanced A&H product from RSA Insurance
A comprehensive group personal accident and business travel cover has been launched by RSA Insurance. The new and enhanced accident…
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March 6, 2024
Reinsurance prices to peak this year after ‘modest’ rises in months ahead: Moody’s
Global reinsurance prices are likely to peak at multi-decade highs in 2024 as competition intensifies, according to Moody’s. The ratings…