Specialty

Seoul Guarantee Insurance experiencing rise in COR, but normalisation anticipated in 2025: Fitch

November 21 2024

Economic conditions have impacted SGI's underwriting performance, but strong investment has provided stability.

Rokstone and Lloyd’s Syndicate 3939 launch US$10m nat cat parametric facility

November 21 2024

MGA and NormanMax partner on global fac and treaty solutions for earthquake, hurricane, cyclone, and typhoon, with flood expected in 2025.

northstandard-p-and-i-to-raise-premiums-5-for-2025-26-policy-year

North Standard P&I to raise premiums 5% for 2025/26

November 20 2024

Premium increase coincides with forecasted net combined ratio exceeding 110%, driven by rising large claims and global trade pressures.

Diversification concerns slow cyber ILS market development

November 20 2024

Unlike nat cat risk, cyber perils could have an impact on the broader financial sector, potentially even depressing affected firm’s stock prices.

Specialist Risk Group looks to Asia with global regulatory hire

November 19 2024

Jaya Taylor will be joining from Allianz Global Corporate & Specialty in the New Year as the firm looks to ramp up its Asia expansion plans.

Reversing down the Silk Road - SRG looks eastward for expansion

November 19 2024

Warren Downey, CEO of the UK headquartered specialisms broker says the firm has ambitious plans for its Asia Pac business.

generali-gcampc-names-nicholas-selff-as-head-of-underwriting-for-asia

Generali GC&C names Nicholas Selff as Head of Underwriting for Asia

November 19 2024

Selff joins the Corporate & Commercial team from Chubb, where he was Head of P&C for Malaysia.

taiwan-bans-ships-insured-by-four-firms-from-entering-ports-citing-liability-concernswebp

Taiwan bans ships insured by four firms over unresolved liability issues

November 18 2024

Maritime and Port Bureau says ships insured by Ascent General, Edinburgharian PANDI, Polaris, and Arsenal Insurance will be banned from entering seaports from 24 November.

Gordon Wong rejoins MSIG as SVP of Hong Kong Intermediaries

November 18 2024

Wong carries nearly two decades of experience in the insurance industry to his new role.

Argyle secures multi-year MSI capacity to enhance Australian SME insurance offerings

November 15 2024

Mitsui Sumitomo will provide capacity allowing MGA to increase combined limits to AU$7m (US$4.53m) starting in January.

allianz-commercial-australia-promotes-church-to-general-manager-broker-distribution

Ben Church officially appointed General Manager Broker Distribution at Allianz Commercial Australia

November 15 2024

Church has served in the position in an acting capacity for the past six months.

Envest acquires majority stake in Bendigo Insurance Brokers

November 15 2024

Regional Australian broker's team of 11 to join Envest's Aviso Group network.

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