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Vibe underwriters seek new backing after run-off decision

Staff explore funding for an MBO or merger after management calls time on the syndicate.

Rolls-Royce renewal delayed until year end

The postponement of one of the aerospace market's largest accounts comes amid a long-running coverage dispute.

Everest Syndicate 2786 cleared for 30% capacity increase

The £177mn of 2020 capacity includes paper for medical SPA 1892.

LMA publishes marine and property cyber clauses

Lloyd’s has announced it will clamp down on silent cyber in the new year.

• Lemonade IPO shelved despite improving profitability
• Allianz gets green light for Chinese company
• Talisman sued by Louisiana museum over surety claim
• S&P revises Argo US ratings outlook to negative
• Pioneer to put Syndicate 1980 into run-off
• Burns & Wilcox recruits Torres from AmWins following CRC defections

Opinion

Pioneer is on life support after almost a decade of weak underwriting

Specialist entrepreneurial brokers think they can chip away at the corporate generalists

How can London have a cultural problem, but no individual company have one?

Hiscox is fresh evidence US casualty reserves are a ticking time bomb

In Brief

DataCubes raises $15.2mn Series B round

Elseco picks insider to lead aviation push

Arch names Ray senior vice president for A&H

Pen Underwriting promotes insider to COO role

Willis adds JLT’s Danyluk to property team

WR Berkley adds Talisman as non-executive director

Analysis

AIG re-underwriting actions a ‘once in a generation’ event

Inside P&C analysts applaud loss ratio improvement but note there is more work to be done on expenses and capital efficiency.

European reinsurers continue growth push as hopes rise for rate hikes

The four European carriers have significantly outpaced Bermudian reinsurers in GWP growth so far this year.

Vibe: Another casualty of the 2010-2015 start-up cohort

Full syndicates approved in the five-year period have generally underperformed.

Insider 50 grows despite Hiscox losses

The index grew for the second consecutive week, recouping the entire 1.6 percent loss made in October.

Prendergast and Layzell lead the 2019 Cyber Rankings

Changes in leading positions point to a fluid market for cyber talent.

• Cyber
• US Property Cat
• Political Risk
• Political Violence
• D&O