Read more about the article JMP Securities predicts Reinsurance trickle-down to boost property rates
JMP Securities predicts Reinsurance trickle-down to boost property rates

JMP Securities predicts Reinsurance trickle-down to boost property rates

According to analysts at JMP Securities, rates for primary insurance lines that are exposed to property are likely to re-accelerate in the upcoming months as the effects of higher reinsurance…

Continue ReadingJMP Securities predicts Reinsurance trickle-down to boost property rates
Read more about the article S&P Global Ratings Predicts Bold Overhaul of UK Insurance Sector
S&P Global Ratings, predicts an overhaul of the UK insurance sector.

S&P Global Ratings Predicts Bold Overhaul of UK Insurance Sector

According to S&P Global Ratings, life and non-life insurance businesses in the UK must reevaluate their capital allocation, product strategy, and business models due to the economy's unpredictability. The rating…

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Read more about the article Sara Kendall Proudly Hired by Ryan Specialty as Deputy Chief Compliance Officer
Sara Kendall is hired by Ryan Specialty as its deputy chief compliance officer.

Sara Kendall Proudly Hired by Ryan Specialty as Deputy Chief Compliance Officer

Sara Kendall has been appointed as the Deputy Chief Compliance Officer at Ryan Specialty Holdings. Sara Kendall's primary duty is to supervise and assist in the management of the business's…

Continue ReadingSara Kendall Proudly Hired by Ryan Specialty as Deputy Chief Compliance Officer
Read more about the article Marsh introduces a multiple-line facility called Fast Track headed by QBE
Marsh introduces a multiple-line facility, Fast Track headed by QBE

Marsh introduces a multiple-line facility called Fast Track headed by QBE

Fast Track is a new insurance company Marsh founded that is run by QBE. It is anticipated to provide a "substantial amount" of additional "follow form" capacity to its clients…

Continue ReadingMarsh introduces a multiple-line facility called Fast Track headed by QBE
Read more about the article Berkley’s first-quarter net investment income increased by 28.8% to $223.4 million.
Berkley's first-quarter net investment income increased by 28.8% to $223.4 million.

Berkley’s first-quarter net investment income increased by 28.8% to $223.4 million.

W.R. Berkley Corporation, a re/insurance holding firm, revealed its Q1 of 2023 and it is observed that its net investment income increased by over 29% as a growing share of…

Continue ReadingBerkley’s first-quarter net investment income increased by 28.8% to $223.4 million.
Read more about the article Ageas enters into a sale contract for its French Life Insurance.
Ageas enters into a sale contract for its French Life Insurance.

Ageas enters into a sale contract for its French Life Insurance.

Ageas disclosed the signing of the selling contract for its French life insurance operations. The business has signed a contract with La Mutuelle Epargne Retraite Prévoyance Carac ("Carac") to sell…

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Read more about the article Debbie Durkan Appointed as Intangic MGA Director: A Dynamic and Inspiring Leadership Move
Debbie Durkan is appointed commercial director of Intangic MGA.

Debbie Durkan Appointed as Intangic MGA Director: A Dynamic and Inspiring Leadership Move

Intangic MGA, a newly established cyber underwriter, has appointed Debbie Durkan as Commercial Director to promote growth and distribution. A role that will be based in London. Debbie Durkan has…

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Read more about the article Guy Carpenter’s underlying revenue increased 10% in the first quarter as Marsh McLennan kicked off strong.
Guy Carpenter's underlying revenue increased 10% in the first quarter as Marsh McLennan kicked off strong.

Guy Carpenter’s underlying revenue increased 10% in the first quarter as Marsh McLennan kicked off strong.

With growth at its reinsurance broking arm, Guy Carpenter, global re/insurance broker Marsh McLennan (MMC) today reported consolidated revenue across all of its activities of $5.9 billion for the first…

Continue ReadingGuy Carpenter’s underlying revenue increased 10% in the first quarter as Marsh McLennan kicked off strong.
Read more about the article Hanover Insurance Group estimates $175 million in cat losses for the first quarter.
Hanover Insurance Group estimates $175 million in cat losses for the first quarter.

Hanover Insurance Group estimates $175 million in cat losses for the first quarter.

Hanover Group has released its initial projection for the first quarter of 2023 catastrophe losses of roughly $175 million, before taxes, or 12.7 percent of net earned premium. Nearly half…

Continue ReadingHanover Insurance Group estimates $175 million in cat losses for the first quarter.