Saudi Arabia: Arabian Shield reaps underwriting gains in motor branch on prudent pricing

Published on April 1, 2025
Arabian Shield Cooperative Insurance (ASC) managed to price the motor lines prudently, allowing it to generate underwriting profitability in 2024, notes Fitch Ratings.
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Zurich invests in M&A specialist Icen Risk

April 1, 2025
Global multi-line insurer Zurich Insurance Group has strategically invested in Icen Risk (Icen), a specialist M&A insurer which offers bespoke coverage for Warranty & Indemnity, Tax, IP, and Environmental risks in European mid-market M&A transactions.The transaction, which is subject to regulatory approval and expected to close in Q3 2025, will see Zurich acquiring an equity stake, supporting the

Growth in traditional & alternative takes total reinsurer capital to new high of $715bn in 2024: Aon

April 1, 2025
Global reinsurer capital increased by almost 7% over the course of 2024 to a new high of $715 billion, driven by strong retained earnings and an expanding catastrophe bond market, according to insurance and reinsurance broking group, Aon.Aon’s April 2025 Reinsurance Market Dynamics report explores key market trends in the context of the April 1st, 2025, reinsurance renewal, a period described by t