IQUW
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Plus, the latest people moves and all the top news of the week. -
Starr’s reinsurance ambitions and embrace of Lloyd’s will be watched closely.
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Greenberg has strong links with IQUW management, and praised the firm’s leadership and cultural fit.
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This publication revealed that Starr was zeroing in on the deal earlier today.
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The parties could announce the transaction soon, according to sources.
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The carrier recently expanded its reinsurance product suite in Bermuda.
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The new recruit will report to group CUO Ian Houston.
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Phil Furlong has been made head of underwriting and oversight, a newly created role.
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The rating allows IQUW to access $1bn in group capital.
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A roundup of all the news you need, including our interview with IQUW’s David Morris.
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The property and specialty insurer reported underwriting profits of $131mn ($170mn).
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The firm delivered a 22% year-on-year increase in GWP to $1.1bn.
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Andrew Tongue joins from Canopius, where he was deputy head of credit and political risk.
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A roundup of all the news you need, including the Los Angeles wildfires.
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Staff movement in energy has been more active than any other class of business this year.
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The underwriter moves to the position from his current role leading property D&F.
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The firm also reported GWP of $913mn, a 35% YoY increase.
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The MGA has also hired Axa’s Rob Corner and IQUW’s Catherine Farnworth.
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The carrier confirmed the appointments of Barrett and Tinworth to the property team.
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He joins from Allianz commercial where he currently holds the role of senior property underwriter.
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Barrett was previously senior vice president, P&C specialties at Lockton.
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Syndicate 1856 is looking to back diversified coverholders for the project.
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The CRO has worked for the company since late 2021.
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Noonan has over 40 years of (re)insurance experience, previously being the CEO and chairman of Validus Holdings from 2005 until 2018.
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Wyatt is reunited with former IQUW and Agora colleague, James Blackwell in her new role.
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The duo will head up the D&F and DA teams, and report to active underwriter Steven Tebbutt.
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Jackson is likely to be charged with a build-out beyond the three lines currently underwritten in London.
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Kevin Fisher retired from Guy Carpenter in June after spending 26 years at the reinsurance broker.
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Both new hires join from Beazley, where John Brown was a senior property underwriter and Stuart Bell was claim focus group leader for specialty property.
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Rene Lamer has also been named as head of reinsurance for Bermuda.
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George Green has been a war and terrorism underwriter at Fidelis since March 2021.
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ERS-owned IQUW has confirmed its appointment of former Talbot underwriter Jon Atkinson as it announced the launch of a crisis management unit.
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The executive joins after spending a decade at Nephila Capital.
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The two former Agora department heads have left IQUW after less than six months at the syndicate.
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It was first announced in October 2021 that IQUW and Agora would be merging their property teams, with Agora’s insurance and reinsurance businesses transitioning to IQUW.
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Interim active underwriter David Message will assume the position of energy lead underwriter.
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The business is eyeing further growth in 2022, with a premium plan approval of $681mn and the acquisition of Agora Syndicate 3268 set to boost its property D&F book.
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The carrier is looking to rapidly achieve scale, taking advantage of its capital light model.
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The general aviation underwriter joins the expansive specialty player to work alongside lead aviation underwriter Simon Herring.
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The hire reunites Rene Lamer with fellow Sompo alumnus Stephen Young.
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The product launch is the latest in a series of market entries for the expansive business.
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Jon Atkinson will join the carrier in April 2022 as lead underwriter.
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Johnny Shannon will work alongside MS Amlin colleague Scott Heeley to build a book of cargo business.
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The Lloyd’s carrier announced last week that it was near to closing a deal to acquire the business.
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The two businesses are in the late stages of agreeing a deal, which could be announced in the coming days.
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The cyber market will interpret Lewis’s hire as a signal IQUW is looking to grow the book proactively.
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John Brown will be joining former colleague Simon Jackson at the ERS-owned syndicate.
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The executive has also worked at MS Frontier Reinsurance and PWC.
