-
The carrier has ambitious growth plans for its rebranded Munich Re Specialty segment.
-
The broker will sponsor a fellowship for a researcher working at the university.
-
The underwriter will head up casualty reinsurance for the US and elsewhere.
-
After an unexpected charge in Q4 last year, the carrier feels “very comfortable” with its reserving position.
-
Jensten’s London market unit will report to the core broking trading division under Rob Organ.
-
The updated framework from the Corporation provides less “scope creep”, said CUO Rachel Turk.
-
At group level, Hannover Re's operating income grew by 15% to EUR558.1mn.
-
Proving war-on-land coverage has been challenging, given the lack of reinsurance cover available.
-
The carrier also confirmed the appointment of Ian Davidson as senior underwriter.
-
John Silcock was CEO of entertainment broker Robertson Taylor.
-
The news follows an announcement from the MGA last week that it has taken a Lloyd’s box.
-
-
Polo MGA will provide services to both start-ups and established MGAs.
-
Michael Yeats will now lead the automatic reinsurance facilities division in the US.
-
The former R&Q head of legacy will join as an adviser.
-
Along with D&F, Fidelis is looking to grow in marine construction and aviation.
-
FCA data reveals a worrying drop in new broker authorisations.
-
Such reviews within the sector jumped from one in 2022 to 12 in 2023.
-
Storms struck the Great Plains, the Midwest and the Southeast.
-
The status was achieved thanks to the MGA’s insurance partner, Apollo Underwriting.
-
The carrier said nat-cat claims were running in line with plan assumptions.
-
The carrier is also considering a potential casualty treaty market entry.
-
The carrier also reported a $16mn satellite loss during the quarter.
-
A rundown of the main stories of the week.
-
The company’s results come less than two months after announcing its Lloyd’s syndicate.
-
These cedants could offer the firm access to support their casualty and specialty lines as well.
-
The bridge disaster added 6.3pts points to the company’s overall CoR in Q1.
-
Parametric triggers are likely to involve financial losses and a number of impacted businesses.
-
-
WTW is looking to strategically hire across its business, having rebuilt its team following the failed Aon merger.
-
Further hires included Scott Fields and Stephanie Fick, both appointed senior vice presidents.
-
Rates are still materially higher than pre-pandemic and lower layers are holding firmer.
-
The bridge collapse added 9.8 points to the consolidated quarterly CoR.
-
The vehicle will give the legacy carrier a US platform.
-
This is not the first pulled strategic process in the adjusting, and broader claims services, sector in recent months.
-
The insurer said its Lloyd’s presence underscores its London market commitment.