International
Mexico Struck by Powerful 7.5 Magnitude Earthquake on Fateful Anniversary
A magnitude 7.6 earthquake struck western Mexico on Monday on the anniversary of two devastating temblors, killing at least two people, damaging buildings, knocking out power and sending residents of ...
Assets of World’s Largest Companies at Growing Risk of Climate Impact: S&P
Over 90 percent of the world's largest companies will have at least one asset highly exposed to the physical impacts of climate change by the 2050s, according to data and analysis from index and ...
Lloyd’s Gives Green Light to New Flux, Trium Cyber Syndicates
Asta, the third-party managing agent at Lloyd's, and Acrisure announced that Lloyd's has granted "in principle" approval for the launch of Flux Syndicate 1985, which will commence underwriting on ...
Reshoring to Generate $30B in Commercial P/C Premiums by 2026: Swiss Re
Swiss Re predicts that deglobalization will generate $33 billion in new commercial property/casualty insurance premiums by 2026, according to its latest sigma report: "Maintaining resilience: the ...
Lloyd’s Has Strong H1 Underwriting Profit but Reports Overall Loss on Investment Hit
While Lloyd's reported a strong underwriting profit during the first half and its best combined ratio in five years, similar to many insurers it saw an overall loss as a result of its investments. ...
Westfield Enters International Specialty Market With Purchase of Argo’s Lloyd’s Syndicate
Westfield said it has expanded into the international specialty insurance market by buying Lloyd's Syndicate 1200 from Argo Group International Holdings for about $125 million. The acquisition is ...
Cyber MGA Coalition Launches in UK Insurance Market
Coalition, the San Francisco-based cyber managing general agent, began trading in the UK, effective Sept. 1, and has opened a London office. Backed by a multi-year capacity agreement with Allianz ...
Howden Re and TigerRisk to Create Largest Global MGA
Howden Re and TigerRisk Partners have announced the creation of a new group, Howden Tiger SabRE, comprising the existing global MGA and Program capabilities of Howden Re and TigerRisk. The new MGA ...