To Manage the Cycle Effectively, Focus on Underwriters’ Behavior November 14, 2024 By Tony Buckle and John Carolin Executive summary: When actual prices line up with technical prices, insurers expect underwriting profits to emerge. But what if underwriters...
People Moves: Price Forbes Taps BMS’s Morgan for Global Construction Team; MGA Altea Insurance Names Dixon as Senior Underwriter November 13, 2024 This edition of International People Moves details appointments at the broker Price Forbes and the MGA Altea Insurance. A summary...
Global CO2 Emissions to Hit Record High in 2024, Report Says November 13, 2024 By Kate Abnett Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling...
Markets/Coverages: Aviva’s Lloyd’s Insurer Probitas Launches 5 New Lines of Business November 13, 2024 Aviva’s Lloyd’s business Probitas announced it began to quote for five new classes of business – marine (cargo, fine art...
Cevian’s Baloise Move Triggers European Insurers to Study Deal November 13, 2024 By Jan-Henrik Förster, Pamela Barbaglia, Eyk Henning and Paula Doenecke Baloise Holding AG has become one of the most-discussed takeover candidates in the European financial sector, after agitation by an...
South Africa Declares National Disaster After Floods, Storms November 13, 2024 By Rene Vollgraaff South Africa declared a national disaster after floods and storms caused widespread damage in the country, allowing the government to...
Italian Sea Group Says It Is Not Liable in Mike Lynch Superyacht Sinking November 13, 2024 Italian Sea Group is not liable in relation to the fatal sinking of Mike Lynch’s superyacht, which killed the British...
Argentina Fintech Ualá Raises $300 Million in Round Led by Allianz X November 13, 2024 By Carolina Millan and Katie Roof Argentine fintech company Ualá has raised $300 million from investors at a valuation of $2.75 billion, the latest funding haul...
Envelop Risk Launches Underwriting Division, Naming Ex-Dale Underwriter Peters CEO November 12, 2024 Envelop Risk, the reinsurance managing general agent and analytics specialist, announced the launch of Envelop Underwriting, which will encompass all...
People Moves: Everest Promotes Davis to Lead Reinsurance Global Specialties Business; Miller Names Armitage and Gorman for Professional & Financial Lines Team November 12, 2024 This edition of International People Moves details appointments at the Everest Reinsurance and the broker Miller. A summary of these...