Aon slammed with lawsuit alleging fraud over unique insurance program
What the claim sets out According to the filing, Aon’s CPI structure was sold as a way for high-growth companies…
Category: Finance
BP Marsh launches reinsurer to support XPT Group
New reinsurer will allow XPT’s underwriting arm to provide limited risk capital to selected programmes Related Stories Private equity…
Advent International to acquire Sapiens International for $2.5 billion
Sapiens president and CEO Roni Al-Dor (pictured above, right) said the company continued to execute on its strategic priorities during…
Marine insurers face renewed European sanctions on Iran
Invocation of nuclear pact ‘snapback’ will leave already complicated picture even more muddled, underwriters fear Related Stories South Africa’s…
What AAA Insurance rating says about its performance and reliability
American Automobile Association affiliate States served …
Daily Digest: Beazley CEO on growth opportunities, Marine insurers and Iran sanctions, Aspen underwriting income surges
Catch up on the essential news and analysis from the Insurance Day experts Related Stories Axis launches business for…
What happens when cyber attacks break more than just networks?
While any connected business faces exposure, Farley identified manufacturing, transportation, energy, and hospitality as particularly vulnerable. In hospitality, for example,…
Aspen underwriting income surges 25% in Q2
Bermuda-based carrier posts improved combined ratios in both insurance and reinsurance segments Related Stories SiriusPoint partners with Arden on…
Delaware court backs Liberty Mutual and strengthens insurer settlement power
The case proceeded to a jury trial in December 2024, focused on the liability of the tortfeasor and the value…
South Africa’s subrogation shake-up
A recent case has upended years of market practice for South African insurers Related Stories Clauses paramount nearly always…