Reinsurers respond to increased demand at mid-year renewals: Guy Carpenter
The mid-year reinsurance renewals reflected a transitioning marketplace which responded to increased demand for protection, as numerous headwinds continued to shift risk appetites, according to Guy Carpenter, the reinsurance broking arm of Marsh McLennan.
Allianz sees Q3’24 net income hit €2.5bn as operating profit climbs 14%
In its Q3 2024 results, Allianz has revealed that net income attributable to shareholders was €2.5 billion, up from €2 billion in the same period of last year, driven by a higher operating profit.
US commercial rates up 3% in Q3: Marsh
Agents and Brokers, D&O, Excess and Surplus Lines, P/C Insurers, P/C Pricing Marsh & McLennan
Standard Chartered hails “pivotal moment” with launch of digital asset custody service in UAE
Standard Chartered has launched a digital asset custody service in the UAE.
Civil unrest prompts insurance coverage restrictions
Cyber Risks, P/C Insurers, Political Risk, Property, Risk Management, Technology, Workers Comp Coverage Arthur J. Gallagher & Co., Marsh & McLennan, Willis Towers Watson
Chubb ‘mindful’ of potential tariff impacts on short tail lines: CEO Greenberg
Evan Greenberg, Chief Executive Officer (CEO) of large US insurer Chubb, said today that with much uncertainty surrounding tariffs and inflation, the company is watching closely for potential impacts on short tail lines of business.
Marsh McLennan’s M&A activity surges, as revenue and profit climb
Agents and Brokers, Financial Results, P/C Insurers, P/C Pricing, Reinsurance, Workers Comp Pricing Marsh & McLennan
Kaizen secures $42 million growth equity investment for expansion across North America
London-based RegTech Kaizen has secured a $42 million minority investment from Boston-based Guidepost Growth Equity, setting the stage for an expansion in North America.
Bernhard Kaufmann to succeed Patrick Raaflaub as Swiss Re CRO
Industry giant Swiss Re has appointed Helvetia’s Bernhard Kaufmann to succeed Patrick Raaflaub as Group Chief Risk Officer (CRO), effective October 1st, 2025.
