Analysts at J.P. Morgan have suggested that the pricing outcome of the mid year renewals is still very much up in the air, noting that major U.S. losses and an active hurricane forecast are weighing on the market, while strong margins, manageable LA wildfire impacts, and ample capital, particularly at the top end of reinsurance programmes, are helping to offset the pressure.
Danske Bank has released a detailed climate action plan setting goals for 2030 and 2050. The plan maps out the bank’s sustainable goals and carbon emissions, pulling focus to the green transition.
Agents and Brokers, Auto liability, D&O, P/C Insurers Arthur J. Gallagher & Co.
Earnings season continued last week with GM Financial and Credit Acceptance Corp. reporting a rise in originations and worsened consumer…
H.W. Kaufman Group has announced the rebranding of its New York-based Global Excess Partners (GEP) as RB Jones Property, creating a new division within the RB Jones brand.
Ignite Specialty Risk, a provider of litigation risk insurance, has made four key appointments to its Executive Team and UK Underwriting function, supporting its growth and ongoing development across the UK, Europe, and US markets.
Firenze, a Manchester-based fintech unlocking Lombard lending for mass affluent investors, has closed a £2.5M Seed funding round led by Outward VC, the backers of Curve, PrimaryBid and Vauban.
Investment funds processing network Calastone has been bought by US-based funds servicing firm and software vendor SS&C Technologies in a deal worth £776m ($1.03bn).
Tricolor backup servicer Vervent faces a robust collections challenge, with potentially thousands of defaulted vehicle loans in the three months…
Staff at the Texas Windstorm Insurance Association (TWIA) explained that the wind and hail insurer of last resort for the state of Texas requires approximately $1 billion more in reinsurance funding for 2024 when compared with 2023, as exposure growth persists.
Agents and Brokers, P/C Insurers Willis Towers Watson
