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Allstate to focus on growth in property-liability business
With returns well above the group's cost of capital, growth rather than margin expansion will generate the most value.
Gianluca Casapietra
,
September 11, 2019
InsurTech investment to reach $6bn by end of year: Hampleton Partners
Later-stage and larger financing rounds take the H1 investment tally to $3bn.
Anna Sagar
,
September 11, 2019
AIG must achieve ‘operational excellence’ to be a great company: Duperreault
The CEO predicts stable or marginally lower P&C premiums this year and says he’s comfortable with AIG’s Dorian loss outlook.
John Hewitt Jones
,
September 11, 2019
AssuredPartners takes Marsh-JLT brokers to launch M&A division
Ben Crabtree and Felix Sloman will join their new employer at the end of the year.
Samuel Casey
,
September 11, 2019
Insurers’ fossil-fuel retreat a ‘worrying trend’: Willis
Capacity withdrawals and major losses are leading to a firming market, the broker reports.
Samuel Casey
,
September 11, 2019
Lockton Re to push for $400mn revenue target
The company will target a broad book of business in going up against the big three brokers, say sources.
Adam McNestrie
,
September 11, 2019
BGCI aviation broker hires Boeing exec to build aircraft finance division
The bolstered team will compete with Marsh and others in the aircraft finance space.
Samuel Casey
,
September 11, 2019
FoTs for Cali Wildfire Fund reinsurance set at 9%
The programme being offered only covers Sempra and CalEdison, but PG&E could be added in future.
Christopher Munro
,
September 11, 2019
Lloyd’s trade capital crunch threatens weaker syndicates
Scor and PartnerRe are not alone in signalling reduced appetite for the £2bn corporate member market.
Adam McNestrie
,
September 11, 2019
LSM makes duo of appointments for US, Bermuda and LatAm
Alexander Montoya and Wilhelm Schaugg will oversee the carrier’s presence in the territories.
John Hewitt Jones
,
September 10, 2019
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