Personal accident premiums surged 149.5% year on year, and aviation more than doubled, up 115.7%, while miscellaneous was the lone drag on December growth.
Reinsurance buyers secured significant price relief and improved contract terms during the January 1 renewals, as a surge in available capital shifted the market in favor of cedants.
The latest multi-billion offer from Zurich Insurance is seen as a tactical attempt to capture Beazley's dominant cyber franchise while testing the board’s resolve with a valuation lower than previous private...