Lines of business

Traditional InsurTech offerings for the UK mid-market "often fall short", according to Cowbell UK’s Simon Hughes.

The 11th hour settlement came just days before the case was scheduled to be heard by the New Jersey Supreme Court.

Salvatore Sama has been named global product head for casualty, while Jane Farren has been named global head of financial professional lines.

The global segment leader for power generation moves to Tokio Marine HCC soon after his colleague Nicola Hannay.

Gareth Wharton announced his exit after nearly 18 years with the company in a post on LinkedIn.

In the second part of our themes for 2024 outlook, we explore how fear of missing out in cat reinsurance is still contrasting with an upstreaming of risk that is creating fallout for primary insurers, while momentum in facilitisation and ESG continues.

The broker’s report also hailed the best risk-adjusted margins for ILS investors in a decade.

In its Plane Talking report, the broker notes a “distinct differentiation” between the hull and liability and the hull war/third-party liability markets in 2023.

Reinsurers are looking to grow in top-layer cat risk, resulting in “variable” outcomes on sign-downs.

Tom Fulford-Smith and Charles D’Alton previously founded and led marine intermediary Latitude Brokers in Hong Kong in 2014.

In the first section of our two-part outlook for 2024, we explore why macro-economic concerns are taking a step back, though casualty pricing micro-cycles highlight ongoing caution.

The primary insurance subsidiary buys around EUR700mn of property cat protection from the wider market.