P&C Insurance

Starr, the global investment and insurance company has entered into a definitive agreement to acquire IQUW Group, the specialty insurance and reinsurance organisation. The deal is expected to expand Starr’s underwriting capabilities and position the combined company for growth across a broader range of global market segments. IQUW Group operates two syndicates at Lloyd’s of […]

Nicolas Papadopoulo, Chief Executive Officer (CEO) of Bermuda-based Arch Capital Group, said today that the company remains bullish on the property catastrophe reinsurance business, despite the market being in its second round of rate decreases. As property cat reinsurance rates soften from recent highs, the attractiveness of the business has been a key topic of […]

According to a new report from the credit rating agency AM Best, Canada’s property and casualty (P&C) insurers drew on strong capital reserves, prudent pricing, and sound risk management practices to absorb the financial effects of the country’s costliest year for natural catastrophes. AM Best notes that it is maintaining a stable outlook for the […]

The Insurance Information Institute’s (Triple-I) recent Issues Brief highlighted misconceptions of risk-based pricing in property/casualty insurance, which some perceive as unfair, and recommended solutions, including modernising building codes and proactive mitigation measures. Risk-based pricing means offering different prices for the same level of coverage based on risk factors specific to the insured person or property. […]

Addresscloud, a UK geocoding and property intelligence expert, and Artificial, a London-based algorithmic underwriting and placement company, have partnered to enhance property intelligence and risk insights. The partnership will integrate Addresscloud’s rich, address-level property enrichment directly into Artificial’s platform. This integration will equip underwriters and brokers with access to more granular data, enabling them to […]

Insurance and reinsurance broker McGill & Partners is leveraging Google’s cutting-edge AI and massive Earth observation data capabilities to enhance how they understand, model, and price global risks, particularly those related to climate and natural catastrophes. The broker is collaborating with Bellwether, a group of geospatial experts from X, Alphabet’s Moonshot Factory, to improve disaster […]

In the first half of 2025, US property/casualty (P&C) insurers saw a slight increase in issuer credit rating upgrades, rising to 18 from 16 in the same period a year earlier, while downgrades remained steady at 20, according to a recent AM Best special report. By line of business, five ratings in the personal lines […]

As the pension risk transfer market evolves and grows increasingly competitive, member experience has become a defining factor for trustees when selecting insurers for buy-in and buy-out transactions, according to pensions and financial services consultancy Hymans Robertson. The firm noted that pension schemes which prioritise member experience early in their buy-in and buy-out journey are […]

Insurance companies remain cautious as inflation once again emerges as one of the leading macroeconomic risks, according to BlackRock’s 14th annual Global Insurance Report. BlackRock, the asset manager, surveyed 463 senior investment professionals across 33 markets representing a combined US$23 trillion in assets under management. The findings highlight an industry balancing prudence with selective pursuit […]

Gallagher Re, a global reinsurance brokerage and risk advisory firm, has appointed Andrew Phelan as Chairman of Global Credit, Surety (except US), and Political Risk. In his new role, Phelan will be based in Bermuda and focus on expanding the broker’s presence across the UK and International markets. Most recently, Phelan served as the Head […]