Hiscox

London’s major carriers have projected bullish messages on a prolonged hard market for property, while acknowledging other classes are in very different cycles.

The executive said new capital would require more data points to prove the long-term profitability of reinsurance underwriting.

The carrier is “leaning into” the hard reinsurance market, while the London market segment has returned to growth.

The carrier will provide cover to a wind farm and a solar farm as part of the Aon-brokered deal.

The former Vibe CEO has also worked for Axis Capital and Ace.

The carrier announced in March that Robert Childs was retiring after more than three decades at the company.

Emily Taylor joined Hiscox as a senior underwriter in 2020.

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.