Commercial E&S

The broker said there was an opportunity to take advantage of competition to improve outcomes for clients.

LMG's latest London Matters report reveals that UK capital has lost ground to the US and Bermuda in some lines.

The announcement confirms earlier reports from this publication.

Joe Morrello joined the firm in 2022 after serving as E&S property head at Beazley.

The partnership will launch with NIP’s landscaper program.

The (re)insurer’s Q4 CoR rose 15.2 points to 81.4% on satellite failure, D&F losses.

Enstar acquired 637,640 shares of James River in Q4 last year valued at nearly $6mn.

Earlier in the process, sources linked Sentry Insurance with a bid for the E&S insurer.

The new line is in addition to its existing Bermuda and US excess casualty products.

Chief of IRS Criminal Investigation said Tysers had "eroded the process of fair and open competition".

The bill removes a previous Farm Bill requirement mandating that carriers purchase unlimited catastrophic reinsurance. Instead, companies can purchase “adequate” catastrophic reinsurance.

With US third-quarter reporting season being well underway, the results so far highlight further runway for the hard property E&S market.