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Gross written premium for the year, meanwhile, rose to £55.5 billion, up from £52.1 billion in 2023, representing a 6.5% increase. The growth was driven primarily by an 8.5% rise in volume, including 7.6% from existing syndicates and 0.9% from new entrants.
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[ad_1] In Q2, Voya Financial and Blue Owl Capital launched a partnership to develop private markets products for defined contribution plans, while Manulife announced an agreement to acquire 75% of Comvest Credit Partners, expanding its private credit capabilities by $14.7 billion. These moves follow earlier collaborations between insurers and investment managers, reflecting the convergence of…
[ad_1] The Commercial Property product is available to a range of industries, including education, financial institutions, healthcare, hospitality, gaming, industrial, light manufacturing, mixed real estate, municipalities, offices, retail, technology, and wholesale and industrial operations. [ad_2] Source link
[ad_1] Key hires include a new chairman and a new CEO for North America [ad_2] Source link
[ad_1] Insurers preparing for significant claims related to storm-related damages [ad_2] Source link
[ad_1] But it’s not just a matter of replacing warm bodies. The new talent needed – underwriters, data analysts, risk managers – must be as digitally fluent as they are technically trained. As insurers adopt AI, predictive modeling, and automation tools to stay competitive, the bar for new hires has risen. [ad_2] Source link
[ad_1] The insurance offering is part of Distinguished’s Fine Art & Collectibles program, which includes coverage options for items integral to creative work. The program, developed in collaboration with Johnsonese, is structured to address the specific risk profiles of artists, performers, and the professionals who support them. [ad_2] Source link
