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Marsh faces human rights groups’ complaint over East African oil pipeline
Human rights groups have issued a complaint to a US mediation body alleging that Marsh has violated OECD guidelines for corporate standards.
Latest News
The carrier is confident the positive cycle will continue as it prepares for April, June and July renewals.
Jonathan Zaffino joined Ascot in 2020 and was responsible for running the carrier’s (re)insurance platforms in the US and Bermuda.
City Minister Andrew Griffith has outlined hopes for the Financial Services and Markets Bill, which will enact various regulatory reforms, including a new competitiveness objective.
The company increased its attachment point on the $200mn aggregate cover to $750mn, up from $700mn.
Opinion
Opinion
Insurance Insider’s Talent Tracker: Three trends to watch in 2023
Marine and aviation markets among most active parts of the industry in recent months, data shows.
Most Read
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Q4 2022: What we learned from US and Bermuda earnings
07 February 2023 -
Zaffino appointed Ascot CEO as Brooks announces retirement
06 February 2023 -
Political risk capacity reaches near-record levels: Gallagher
06 February 2023 -
Insurance Insider’s Talent Tracker: Three trends to watch in 2023
06 February 2023
Analysis
Early evidence is leading the (re)insurance market to hope the storm can avoid the development curve of its 2017 predecessor Hurricane Irma.
Annual reviews of natural disaster activity highlighted drought – which can also heighten risk of fire and flood losses – as an increasingly important secondary peril.
Cyber rates in excess layers saw decreases of mid-single digits to low double digits in the last quarter while primary layers remained flat or experienced low rate rises.
Carriers will be looking forward to the positive outcomes from the 1 January harder market, but results will provide clarity on lingering challenges.
More News
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Rokstone appoints Smith to launch PI facility
06 February 2023 -
Moody’s downgrades Scor's financial strength rating
06 February 2023 -
Aon promotes Alcott to UK chief commercial officer
06 February 2023
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AM Best removes Fidelis from under review with negative implications
03 February 2023 -
Aon posts 5% organic growth for Q4 as reinsurance grows 9%
03 February 2023 -
Lockton Re adds Silley to cyber team
03 February 2023 -
Argo sale of Syndicate 1200 to Westfield closes
03 February 2023
Interviews
Interviews
In an interview with this publication, the CEO admitted the transition “took longer than any one of us would have wanted”.
CEO Nick Cook said the company also plans to invest in an international MGA strategy and a capital advisory unit, with 149 hires budgeted this year.
Beazley’s $45mn first-time cyber cat bond offered all-perils coverage, though some expected early deals to start with limited scope.
Group CFO and incoming president of insurance Jeremy Noble has told Inside P&C that the insurance operation is where Markel sees the most upside potential.
Upcoming Events
Trading Risk London ILS 2023
Navigating market turbulence: signalling a change in the alternative reinsurance market
Venue London
Inside P&C Honors 2023
Recognizing the very best in the Latin American (re)insurance market
Venue Miami
From our other titles
From our other titles
From Inside P&C
Q4 results early view: Brokers and commercial carriers attempt synchronized swim
Broker and commercial carrier trends align on economic indicators but diverge on stock performance and 2023 consensus estimates.
From Trading Risk
Hurricane Ian: The gravity-defying Florida loss?
Early evidence is leading the (re)insurance market to hope the storm can avoid the development curve of its 2017 predecessor Hurricane Irma.
From Inside P&C
Chubb’s measured stance on loss costs should set the tone for the industry
As ITC Vegas begins, the Inside P&C Research team explores the discussions needed among InsurTechs to address questions around capital, partnerships, and profitability prospects.
From Insider Engage
Managing inflation risk on both sides of the balance sheet
Insurance brokers and M&A lawyers have reported ever more interest for representation & warranties insurance in Latin America in recent years.
