Specialty lines

Fidelis 3123 and NormanMax 3939 were the first syndicates to adopt modifications.

The storm caused major damage to one of the drinks company’s warehouses in Tennessee.

Lloyd's ambitions to attract large corporates to the marketplace is well known. But how has one of its major coups - the re-entry of Aviva via the acquisition of Probitas - impacted growth?

D&O and D&F are also facing increased competition, but property remains price adequate.

Their new guide sets out the factors (re)insurers should consider when defining a major cyber event.

The broker said that pricing dynamics would require careful management, but adequacy remains

The D&F market now expects 2025 renewals to be flat to down 5%

Chris Terry is joining from Apollo to run the cargo book, and TMK’s Louis Robertson will build the specie account.

CEO Adrian Cox said Beazley’s recent $290mn ILW purchase was not driven by “capital flexibility in and of itself”.

The A&H market had improved performance between 2020 and 2023.

The exit follows that of Guy Carpenter’s head of cyber centre of excellence for international, Siobhan O’Brien.

The business is being marketed off around £15mn Ebitda, sources said.