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The company booked profit for the year of £247mn, up 20% on the prior year. -
Larger companies ranked regulatory breach as their top risk.
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Standfirst: The syndicate reported a strong turnaround despite exposure to major claims.
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Experts at Insider Progress shared tried-and-true methods to get women into boardrooms.
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Plus, the latest people moves and all the top news of the week.
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Ki cut its top line by 8.7%, while Beazley’s smart-tracker expanded to $481mn.
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Results were impacted by prior year reserving and an unwind of intragroup reinsurance recoveries.
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Most of the market’s largest syndicates kept their CoRs below 90% as prices remained adequate.
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The executive said the market would be updated on progress in late April.
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MAP’s Christopher Smelt said impact on nationwide programmes will cause risk aversion.
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The carrier has moved to hire in the fine art and specie line after the exit of Mark Benbow.
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Ethan Godlieb will be leading cyber, tech and fintech for the broker.
