Acrisure

Lloyd’s investment vehicles have been shelved in past years but a strong run of returns is creating interest.

Joel Hodges will run the international business as managing director.

The aviation market has experienced a run of large losses this year.

The MGA has been through a remedial exercise under Acrisure’s ownership.

Volante’s syndicate may still support select transactional liability risks, but it will not have an in-house team.

Peter Montanaro retired from his role as market oversight director at Lloyd’s in May.

Last week, TSR updated its forecast and is now predicting above-average storm activity.

The broker has also hired fellow Aon broker Barry Gordon in a role trading ILWs.

The broker said that businesses not investing in AI capabilities would be left behind.

What are the potential consequences for businesses amid escalating loss costs in the US casualty market?

The firm also promoted Devin Inskeep to an expanded role as SVP, head of ratings and advisory.

The MGA will be trying to replace the transactional liability capacity in the coming weeks.

The business is targeting an enterprise value in excess of $30bn, sources said.

This publication revealed on Friday that Reith was joining the firm, having departed from Helios in June.

The executive will play a key role in capital arrangements for Acrisure’s suite of underwriting units.

Tom Quy will report to Simon Hedley, global CEO of Acrisure Re.

Hurricane Milton strengthened from a tropical storm on Sunday to a Category 5 storm yesterday.

The broker has also worked in underwriting roles at XL Re and TransRe.

The new wholesale broking team will begin with professional liability, Acrisure said.

The pair have decades of London and international market experience.

Wicks’ broking career spanned 48 years.

The six execs left Acrisure for rival broker Woodruff Sawyer in March.

He joins from Howden Tiger, where he was the international head of analytics.

As the curtain comes down on the millionth Monte Carlo Rendez-Vous, and the prices in the cafes and restaurants are presumably reset to their customary levels, the conference has again done its main job.