Insurers
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The company booked profit for the year of £247mn, up 20% on the prior year. -
The syndicate’s claims ratio worsened due to an “exceptionally active” hurricane season.
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Experts at Insider Progress shared tried-and-true methods to get women into boardrooms.
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Ki cut its top line by 8.7%, while Beazley’s smart-tracker expanded to $481mn.
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Results were impacted by prior year reserving and an unwind of intragroup reinsurance recoveries.
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Most of the market’s largest syndicates kept their CoRs below 90% as prices remained adequate.
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The carrier has moved to hire in the fine art and specie line after the exit of Mark Benbow.
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The product supports investors of early-stage carbon removal projects.
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The hire follows Camilla Gower’s promotion to marine and energy liability head.
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The underwriter will be based in New York and drive underwriting strategy.
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CEO Andrew Carrier says the business has strong “forward momentum”.
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Gard acquired Codan’s global marine and energy portfolio during 2024.
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