According to a recent analysis by Morningstar DBRS, the Italian insurance sector has mostly overcome the challenges of the difficult operating environment it faced in 2023, and the current outlook is improving.
Peter Hall, Head of Marine Cargo & Logistics at Lockton, has warned that the surge in oil and gas prices as a result of international sanctions on Russia could heighten the risk of underinsurance.
Mark Newman, Chief Executive Officer of Canopius UK and Canopius Managing Agents, has joined the Lloyd’s Market Association (LMA) board as Kate Roy, Group Chief Operating Officer of Canopius, has stepped down.
Catastrophe bond market records are descending in 2024 and set to be beaten on most fronts, as overall issuance recorded in our insurance-linked securities (ILS) focused sister publication, Artemis’ Deal Directory, is set to hit a new high of almost $17.7 billion for the year.
Gallagher Re, a global reinsurance brokerage and risk advisory firm, has announced the appointment of Carl Axel Holtsmark as Head of Life, Accident & Health for the Nordics.
Global specialty insurer and reinsurer, SiriusPoint Ltd., has responded to the recent development concerning CMIG International Holding Pte Ltd (CMIH), the parent company of CM Bermuda—a key shareholder with 33% ownership and 9.9% voting rights in SiriusPoint.
Australian insurer QBE has announced the appointment of Claire Lill as Portfolio Manager to lead and strengthen the firm’s US Casualty offering.
Chaucer, a re/insurance company owned by China Re, forecasts that 2024 will bring heightened political risk due to a surge in scheduled elections worldwide.
Agents and Brokers, Mergers and Acquisitions Arthur J. Gallagher & Co.
Insurance may be part of the solution to the world’s current economic woes, according to a new note from Swiss Re.
Pen Underwriting, a subsidiary of Arthur J. Gallagher & Co., has announced that its specialist home insurance practice has signed up to Flood Re’s Build Back Better scheme to reduce the impact of future flooding on its customers by helping to bolster their properties’ resilience.
