Hiscox

Most carriers were keen to talk about how they are taking on the ongoing hard market in Q1, but some complexities partly offset their good news.

Beth Boucher is non-executive director, audit committee member and chair of the nomination and remuneration committee at Coforge.

Reforms to the UK listing regime may enhance prospects of an insurance firm opting to IPO in London in future, but several broader problems, including liquidity issues, will also affect such a decision, according to industry sources.

Martindale will be responsible for bringing together the capital management and actuarial reserving teams.

The executive said the company was applying a “gentle brake” in the D&O class as rates fall.

The carrier hailed positive rating momentum in both the London market and the Re & ILS division.

He joins the division during a period of growth, with GWP surpassing $1bn for the first time in 2022.

Syndicate 33 also reported unrealised investment losses of $69.3mn in 2022, taking its total investment loss for the year to $43.2mn.

The London-listed carrier has made several changes to its remuneration policy.

The carrier said the initiative accelerates obtaining an entry-level underwriting licence by two-thirds.

The collapse of Silicon Valley Bank is creating investor fear across the global financial services sector. 

The property underwriter has also worked for Beazley and Liberty Mutual.