Read more about the article S&P Global Ratings, predicts an overhaul of the UK insurance sector.
S&P Global Ratings, predicts an overhaul of the UK insurance sector.

S&P Global Ratings, predicts an overhaul of the 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…

Continue ReadingS&P Global Ratings, predicts an overhaul of the UK insurance sector.
Read more about the article Sara Kendall is hired by Ryan Specialty as its deputy chief compliance officer.
Sara Kendall is hired by Ryan Specialty as its deputy chief compliance officer.

Sara Kendall is hired by Ryan Specialty as its deputy chief compliance officer.

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

Continue ReadingSara Kendall is hired by Ryan Specialty as its 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…

Continue ReadingAgeas enters into a sale contract for its French Life Insurance.
Read more about the article Debbie Durkan is appointed commercial director of Intangic MGA.
Debbie Durkan is appointed commercial director of Intangic MGA.

Debbie Durkan is appointed commercial director of Intangic MGA.

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. Durkan has over…

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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.

The 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.
Read more about the article WTW appoints Jay Sharma as Northeast Strategy & Execution Leader
WTW appoints Jay Sharma as Northeast Strategy & Execution Leader

WTW appoints Jay Sharma as Northeast Strategy & Execution Leader

Willis Watson Tower (WTW),  has appointed Jay Sharma as the Northeast Strategy & Execution Leader, Corporate Risk and Broking (CRB) for North America. Sharma's leadership in his new position will…

Continue ReadingWTW appoints Jay Sharma as Northeast Strategy & Execution Leader