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The deal regards international and North America financial lines, European and North American reinsurance portfolios, and several US discontinued programs. -
The number of global, non-life run-off deals dropped to 48 over 2022, compared with 54 in 2021, according to a report from PwC.
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Global P&C insurers must reassert their relevance by reducing cat-related protection gaps rather than retreat from nat cat risk, McKinsey said.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Dean Dwonczyk established Catalina in 2005 with former UK CEO Chris Fagan, who exited the business in February 2021.
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This compares to a 14.2% annual increase in auto insurance prices in December, while the overall index slightly moderated to a 6.4% gain from 6.5% in December.
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If January’s trends are any indication, the next step for Florida’s plaintiff attorneys will be to redirect their efforts to another piece of the market.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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AIG has entered into a binding memorandum of understanding with Stone Point Capital to form an independent MGA to serve high-net-worth (HNW) markets, as it takes a dramatic step to address the volatility this business has brought.
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Inside P&C breaks down some of the key themes and commentary from commercial, personal and specialty line carriers, as well as brokers, during the season so far.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The unit will be led by GRS insurance solutions president Liz Geary, until the appointment of a global head of cyber, who will report to her.
