Brit

Insurers that have started fixing what’s broken early and rethinking what it’s worthwhile writing and from where may be better placed than those watching and waiting.

While most aviation accounts achieved single-digit rate rises, wordings for manufacturer’s liability policies have loosened.

Richard Slater joins from XL Catlin as underwriting director, while Adam Champion leaves MS Amlin to take the role of senior vice president, portfolio manager and operations.

Brit-Advent merger and Channel’s restructure in London point the way to coming changes.

Advent has made an underwriting loss each year in the past three years, and received the Lloyd’s remediation letter.

For some time, there has been a need for capacity to come out of the Lloyd’s market and it seems like that is starting to happen.

More than 100 Advent staff are thought to be having their roles placed under consultation.

Mark Richards was most recently Navigators’ president of primary casualty.

The former Catlin Bermuda CEO will sit on the board of Brit Re and Sussex Capital.

The executive joins from Talbot Underwriting.

Coutts spent 10 years at Brit and 19 at CNA.

The senior underwriter will report to North American property head Paul Horgan.