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Retail leverage in reinsurance broking: A regulatory fault line
The tacit tying of inwards business flows to shares of outwards programmes creates real exposure to a crusading Attorney General looking for a target.
Adam McNestrie
,
31 May 2022
UK P&I Club appoints Newline’s Beveridge as CUO
William Beveridge will be responsible for the oversight of all the company’s underwriting policies and operations.
Luke Harrison
,
31 May 2022
UK live event reinsurance scheme provides over £100mn of coverage
The scheme is supported by several prominent carriers in the Lloyd’s market and is set to close at the end of September 2022.
Aisling Finn
,
31 May 2022
At least 20% of Florida hurricane reinsurance limit not placed as of Friday: Stonybrook
One Floridian had “zero” reinsurance in place before weekend.
Fiona Robertson
,
30 May 2022
Howden takes Aon’s marine offshore and construction head Drinkwater
The broker leads a team specialising in the placement of various subsea technology risks.
Samuel Casey
,
30 May 2022
Sri Lanka state-owned fund to take most of riot losses: Fitch
The ratings agency said the National Insurance Trust Fund had begun to receive claims from primary insurers.
Luke Harrison
,
30 May 2022
WRB permanently exits PV and PR amid reinsurance shortfall
WRB’s head of political lines Sundeep Daddar and PV underwriter Luke Bennett are to leave the company as a result of the exit.
Luke Harrison
,
30 May 2022
Sompo on track to increase overseas non-life profit by 62% in 2022
The carrier also revealed it has meaningfully reduced catastrophe business since 2017.
Rachel Dalton
,
30 May 2022
Convex lures Chubb hull chief May in marine restrengthening
The appointment comes after head of marine property and war Richard Tomlin exited the carrier in March.
Samuel Casey
,
30 May 2022
Liiba appoints three deputy chairs
Heather Clarkson becomes the first woman to hold the role.
Luke Harrison
,
30 May 2022
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