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MMC’s Glaser says brokers are ‘hustling’ in firming market
The broking CEO says insurers have “blood in their eye” as he predicts rate growth will continue.
Samuel Casey
,
January 30, 2020
Axis limps over the line to close disappointing 2019
CEO Albert Benchimol met the firm’s recent underperformance head on and acknowledged the company “did not deliver the financial results expected in 2019”.
IPC Research
,
January 30, 2020
Progressive’s leap week gives a potential false positive on auto trends
Progressive reported a surprise positive December report, ending a sequence of seven negative months in a row.
IPC Research
,
January 30, 2020
Integro starts hunt for CEO as sale deferred
Sainty Hird hired to find new chief for the £200mn+ revenue broker.
Adam McNestrie
,
January 30, 2020
MMC Q4 organic growth led by 10% Guy Carp surge
The company narrowly beats expectations as it reports a 17 percent rise in operating profit.
Samuel Casey
,
January 30, 2020
Suncorp leans on agg cover after January events eat deductible
The carrier predicts fiscal first-half reserve releases equivalent to 1.3 percent of NEP.
Samuel Casey
,
January 30, 2020
Record quarter for InsurTech investment in Q4: Willis Re
In total, 184 InsurTechs have failed over the last three years.
Bernard Goyder
,
January 30, 2020
Watford share price slumps 9% on $28mn Q4 reserve charge
The carrier’s share price fell to $21.16 per share at close of markets.
John Hewitt Jones
,
January 29, 2020
Aspen names Kudera as group chief actuary and EVP
Andrew Kudera was previously group chief actuary at Validus.
John Hewitt Jones
,
January 29, 2020
WR Berkley promotes Gilbert and Tavares
The move by a senior claims executive to the underwriting side comes amid mounting casualty claims due to social inflation.
Bernard Goyder
,
January 29, 2020
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