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Insurance Day

Articles for 20 May 2024

Daily Digest: Dale on growth at Lloyd's, London faces pressure from foreign markets, Pool Re on AI in terrorism

Catch up on the essential news and analysis from the Insurance Day experts
Online Published Date: 2024-05-20T18:40:12

Tokio Marine almost doubles international business profit in 2023

Japanese re/insurer sees strong underwriting result boost profit in international business to almost ¥437bn
Online Published Date: 2024-05-20T17:40:13

There is a lot of headroom for growth in the Lloyd’s market: Duncan Dale

Dale Underwriting Partners, together with its MGU joint venture with Howden, has the potential to write $1bn in gross premiums by 2026,  the Lloyd's carrier's chief executive says 
Online Published Date: 2024-05-20T16:40:10

Terrorists 'to make limited use of AI in near future'

Technology may help propaganda and targeting efforts, but extremists will adopt it slowly, Pool Re report finds
Online Published Date: 2024-05-20T15:40:10

London under pressure as foreign markets grow

Latest London Matters report finds London has increased market share in commercial insurance but reinsurance share declines and US and Bermuda ramp up competition
Online Published Date: 2024-05-20T14:40:09

Papua New Guinea agrees parametric cover for undersea fibre optic network

New policy is designed to provide rapid payouts following earthquake damage
Online Published Date: 2024-05-20T14:40:09

MS Reinsurance returns to profit in 2023

Reinsurer books $366m net profit in 2023 as sees eight-point fall in combined ratio
Online Published Date: 2024-05-20T13:40:09

Marsh McLennan Agency names Aon's Rappa as fine arts leader

Rappa joins from Huntington T Block Insurance where she was senior vice-president
Online Published Date: 2024-05-20T09:40:11

Brown & Brown expands UK retail presence with two acquisitions

US broking group expands in the UK with Garratts Insurance Brokers and BNF Insurance Services
Online Published Date: 2024-05-20T09:40:11

Aon names Goltermann to lead North America business

Long-standing Aon executive in effect succeeds Jennifer Bell, who is stepping down as chief executive of North America 
Online Published Date: 2024-05-20T08:40:09

Southern US storms cause hundreds of millions in damages: Aon

Severe convective storm generated hurricane-force winds, large hail, flooding rains and strong tornadoes across the southern US 
Online Published Date: 2024-05-20T08:40:08

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