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Casualty

 

 

Axis makes senior US casualty appointments

Carrier hires Navigators’ Sternadori as head of US excess casualty

United States People moves

Insurers expect AI to deliver cost savings by end of 2028

Insurers expect to more than double AI-related technology budgets over next three years, survey finds

Reinsurance Technology

Envelop enters casualty reinsurance with Dale hire

Former Volante Syndicate deputy active underwriter to lead casualty push at cyber reinsurance and analytics firm

People moves Lloyds

Northern Re continues international expansion

Collateralised reinsurer is expanding in Europe and Bermuda and opening a Caymans office

Reinsurance Casualty

AI will make crash-for-cash scams more challenging for insurers

This new technology can be used to fabricate evidence and support scammers in authoring and submitting a fraudulent claim

Legal focus Property

US D&O market ‘approaching the trough’ of rate softening

Gallagher sees ‘early signs of stabilisation’ in US D&O market as economic conditions and increased litigation drive demand for cover

Casualty United States

London market premiums fall 0.1% to £49.2bn

Strong growth in D&F business but falls in treaty, property and motor premiums amid ‘challenging market conditions’

Specialty Property

MS Amlin expands natural resources team and enters onshore construction

Lloyd’s insurer hires two senior underwriters from Aspen

Property Lloyds

Carbon names Wooldridge head of US casualty

Lloyd's delegated authority specialist hires Gallagher Re executive as it continues US push

United States Casualty

MNK Group acquires Danish insurer

Acquisition of ETU Forsikring provides platform for growth across the European Union

Mergers and Acquisitions Property

Collective redress is an emerging insurance risk

Class action style litigation is a very real prospect in the UK and Europe

Legal focus Claims Management

Aon launches data centre exposure tool

Digital Infrastructure Risk Aggregator can identify risk patterns across portfolios

Casualty Property
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