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Syndicate 2047 is set to launch on 1 April, managed by Polo. -
The executive will take the position left vacant by Alain Bizet, who moved to lead Chaucer LatAm in Miami last year.
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The report emphasises the need for clarity around roles and responsibilities.
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Reinsurers are pushing for cat signings and hoping the new pricing floor will hold.
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Carrier M&A will continue to be a feature, as pressure for returns on AI investment ramps up.
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Insurance Insider looks at key drivers of supply-demand dynamics in global specialty markets.
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Larke assumed the role of class leader in April as part of a planned succession.
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Howard Hughes Holdings agreed to buy the carrier for $2.1bn.
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According to S&P, the carrier’s outlook is “stable”.
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Market sources have also raised the prospect of moving the market beyond bureau reliance.
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Transactions reveal the attractiveness of the "underwriting plus" business model.
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PE, more alignment and tech are uncoupling MGAs from traditional market swings.
