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Lloyd’s CEO transition: Tiernan has several summits to conquer
Pushing through technological change and maintaining underwriting results are top of agenda.
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Latest News
The underwriter was part of Probitas’ founding team.
The group has hired Hines Associates to advise on the process.
The IPO was announced at the end of April, targeting ~$2.6bn-$2.9bn.
The CEO-designate will commence his tenure on 1 June.
Opinion
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Oversight still lacking in DA market: Carbon CEO Ferrier
Insight into the state of the insurance M&A market, powered by Insurance Insider’s comprehensive deal database.
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Analysis
Analysis
Sentiment at the ILS Connect event hosted by Insurance Insider ILS was generally positive.
Beazley, Hiscox and Lancashire all grew in Q1 despite widespread rate decreases.
We assess the Bermudian’s standing amid waning investor sentiment and economic uncertainty.
Insight into the state of the insurance M&A market, powered by Insurance Insider’s comprehensive deal database.
Interviews
The executive criticised the ongoing underrepresentation of women in senior leadership roles.
Lloyd’s chair Bruce Carnegie-Brown officially hands over to Charles Roxburgh today.
The firm acted as the front for Trouvaille Re, the E&S property sidecar for MGA AmRisc.
Being the “new kid” has created interest in the market, Mereo CEO Croom-Johnson added.
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Get the inside scoop on the major stories shaping the London market through discussions with the journalists who broke them. Plus, hear from industry professionals on what these developments mean for the (re)insurance sector.
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Markel
As AI and data analytics reshape the insurance industry, Brendan Hanley, managing director of binding P&C at Markel, explains how these tools can offer real efficiency gains.
Jack Kuhn, President of Westfield Specialty, discusses the shifting market cycles and changing landscape at RISKWORLD 2025.
Alliant is celebrating its 100th anniversary this year, and is the ‘furthest thing from a serial acquirer,’ Greg Zimmer, CEO, Alliant, said at RISKWORLD 2025.
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Arch
Today’s casualty market is “challenging” driven by shrinking capacity and tightening excess layers, said Pete McGuinness, EVP, national accounts casualty, for Arch.
Uncertainty around political climate, weather and a possible recession is firming the market, said Wendy Houser, President, wholesale and specialty, Markel.
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Markel
Private equity investors may not have the same timeline as the multi-year construction projects they’ve invested in, which could leave surety writers holding the keys if private equity walks away, said Mike Keimig, president and CEO of Markel Surety.
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Swiss Re Corporate Solutions
Parametric insurance and multi-year, multi-line structured solutions are two tools that can help insureds manage natural catastrophes, said Katie McGrath, regional CEO of North America for Swiss Re Corporate Solutions.
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Falvey Insurance Group
Jack Falvey, CEO of Falvey Insurance Group, talked to Insider on Air about what sets his MGA apart in an increasingly crowded field and why “just having relationships” isn’t enough anymore.
Kathleen Reardon, CEO of Hiscox Re & ILS, also talked about the impact of the California wildfires and why it’s important for cedants to work with a reinsurer with strong underwriting and modelling skills when disaster strikes.
While significant, the fires are expected to be an earnings rather than a capital event for the industry, John Huff, CEO of the Association of Bermuda Insurers & Reinsurers, said.
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Join us for a free webinar, 10:30 ET/ 15:30 BST on July 30, hosted by Insurance Insider and AXIS to explore how the insurance industry is adapting to these challenges.
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Cat bond investor supply still outweighs sponsor demand: Twelve Securis CEO
Private ILS would benefit from extension spreads to manage investor concerns, the CEO argued.
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The P&C industry reported its best Q2 combined ratio since 2021, but was still a loss-making underwriting result.
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The ILS market is shifting into 2.0 mode as investors seek out diversifiers
A large number of new entrants and the growth of litigation finance challenge E&S enthusiasm.