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Everest’s AIG deal meaningfully cuts its primary exposure. -
The buy-in can be seen as a “flip” bet on a rebound in appetite for carrier M&A.
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Without flexible mechanisms the Corporation risks suppressing transactions.
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The protection gap must be closed before a public cyber reinsurance scheme is possible.
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The market turn may give some staff pause for thought, but reward remains high.
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The broker’s joint venture with Bain Capital still lacks a CEO.
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Aspen would give Sompo more reinsurance scale, more US premium and a Lloyd’s presence.
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US retailers have various levers to pull to put pressure on potential new competitors.
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In trying to solve multiple needs, specialty reinsurance opens up complexities.
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Aviation reinsurance reserving issues will also be a broader focus for the market.
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Surveys show diversity and inclusivity foster a sense of belonging and increase productivity.
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The broker’s planned US talent raid is in keeping with its audacious history.
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There is a growing disconnect between risk and pricing in the class.
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SRCC exposures are being studied more closely but fixing aggregation issues is a challenge.
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There is the prospect of fragmented appeals and uncertainties around reinsurance recoveries.
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The LMA urges use of AI for enhanced decision making but concerns remain.
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Corporates buying Lloyd’s syndicates face the culture/integration trade-off.
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While M&S had a cyber policy in place, Co-op and Harrods did not, Insurance Insider revealed.
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The Lord Mayor told the CRO Summit to stop treating risk as a dirty word.
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The CEO transition is already visible in messaging on growth as rate change picks up.
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Pushing through technological change and maintaining underwriting results are top of agenda.
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Lloyd’s chair Bruce Carnegie-Brown officially hands over to Charles Roxburgh today.
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The retailer’s partners are looking to join forces to secure better deals.
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Combating depressed trading on the LSE and a delayed hard market shift has held back the firm.
