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In March 2024, Cowen was appointed to lead Chubb’s new international transactional liability platform.
Coface Lloyd’s Syndicate 2546 is expected to commence underwriting in 2025.
The latest hires follow Rob Hale’s move to Willis.
John Neal was due to start at Aon as global reinsurance CEO in September.
Airmic has been lobbying the government to introduce a captives framework for years.
The broker made several senior energy hires from Marsh last year.
The strategy is a 10-year plan to drive growth in UK financial services.
The US accounted for 92% of all global insured losses for the period.
US events accounted for more than 90% of global insured losses.
The outcome of the consultation includes a detailed timetable for delivery.
The MGA has recently added casualty and specialty reinsurance divisions.
The MGA has secured Lloyd’s paper to write crypto theft insurance.
State legislation has led to major strides in rate adequacy.
The company launched into the contingency market in the wake of the Covid-19 pandemic.
The trade body sent an open letter to the UK Chancellor ahead of her Mansion House speech.
The executive has spent 13 years in the broker’s marine division.
Claims chiefs are caught between technological advancement and waiting for phase two
Last year, the firm obtained a Class 4 license in Bermuda.
A representative from the carrier said Nexus is responding “with urgency”.
Patel has run the MGA platform since its launch in 2017.
Dan Prince said the firm will work with brokers’ existing relationships.
Plus, the latest people moves and all the top news of the week.
The executive said there was an ‘active cross-sell culture’ across The Fidelis Partnership.
BP Marsh announced its backing of Amiga, which is led by Adam Kembrooke, last month.
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Continued Apax and Carlyle support will give PIB time to differentiate its business. -
The MGA has also appointed Probitas alumnus Kiran Wignall.
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A second syndicate is being explored for “big and bold” new lines
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Behind the Headlines Podcast
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In Partnership With MarkelPrivate 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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In Partnership With Munich ReTim Brockett, EVP & Head of Specialty for Munich Re U.S. shares insights on risk perceptions, the flood insurance gap, and innovative strategies.
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In Partnership With AXISMichael Silas, Head of Global Credit for AXIS Re, discusses 2025's macroeconomic outlook, regulatory shifts, and credit market trends.
From our other titles
From our other titles
From our other titles
From Insurance Insider US
Allianz seeks to double Americas premiums in five years: Williams
The global carrier plans to hire around 300 people in the next several years in the Americas and has already filled 60 roles thus far.
From Insurance Insider ILS
Mercury’s wildfire cat bond among upsizing July deals
Some $400mn of bonds priced in the past week, after a record-setting H1.
From Insurance Insider ILS
Members Capital launches first ILS fund to accept stablecoin
The fund’s ILS portfolio is split between 70% property cat and 30% cyber risk.
From Insurance Insider ILS
Swiss Re’s nat cat premium volumes flat in renewals year to date
The reinsurer had $2.8bn of natural catastrophe business up for renewal in the year so far.
From Insurance Insider ILS
Conduit Re will ‘invite’ third-party investors as it expands ILS over time
The reinsurer has already dipped into the cat bond market with its Stabilitas Re retro deals.
From Insurance Insider ILS
Florida rates likely to remain stable through 2025: HCI CEO
With plenty of reinsurance capacity, CEO Patel said it’s been a “boring year” for treaty negotiations.
Insurance Insider US provides robust insights, sharp analysis and exclusive news on the London and global (re)insurance markets.
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