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Marsh enhances Cyber Echo, offering more coverage for cyber risks
[ad_1] Cyber capacity After a period of significant expansion, the cyber insurance market experienced a modest contraction of 2% in 2023, indicating a stabilization following previous rapid growth. This stabilization suggests that, while the market has matured, capacity has remained relatively sufficient to meet demand. [ad_2] Source link

Beazley promotes Jenny Han to lead environmental liability group
[ad_1] Seasoned underwriter steps up as businesses face new challenges [ad_2] Source link

Condominium Insurance: The Policies You Need
[ad_1] Condominium associations are responsible for insuring the shared elements and more of their properties. From structural protection to liability coverage, having the right commercial insurance policies is critical to safeguarding the association and its members. Read on to hear from John Carroll, commercial staff underwriter at Central Insurance, as he explains why condominium insurance…

Centene Foundation announces $7.2 million joint investment
[ad_1] The funding looks to expand healthcare services [ad_2] Source link

Marsh sues Aon over mass exit of surety team amid poaching allegations
[ad_1] Marsh also accuses Aon, McDonough, and other former employees of using confidential information to solicit clients. The complaint notes that the day after the mass resignation, a long-standing Marsh client informed the company it would move its business to Aon, naming McDonough as its primary contact. Additional clients have reportedly followed. [ad_2] Source link

AXIS highlights operational efficiencies amid wildfire losses in Q1 update
[ad_1] Pre-tax catastrophe and weather-related losses, net of reinsurance, totalled US$49 million, or 3.7 points on the combined ratio. Of that, US$32 million, or 2.4 points, was attributed to the California wildfires. The remaining losses were related to other weather-related events. After-tax, catastrophe and weather-related losses totalled US$38 million. [ad_2] Source link