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SiriusPoint CEO Sankaran departs as activist Loeb joins board

The company named former Third Point Re CEO and former global distribution president Daniel Malloy as interim CEO.

Jairo Ibarra, 17 May 2022
Lloyd’s to demand accurate data on inflation in 2023 plans

Ahead of a market message on 2023 business plans, Lloyd’s has set out early expectations on inflation, ESG and management of cat volatility.

Aisling Finn, 17 May 2022
Globe Underwriting engineering head Rossell to join MGA Rokstone

MGA Rokstone Underwriting has hired Globe Underwriting’s head of engineering Peter Rossell and a number of his colleagues from the team in the latest expansive move for the company, Insurance Insider can reveal.

Luke Harrison, 17 May 2022
Court rejects $71mn war claim in welcome ruling for marine underwriters

Piraeus Bank bought the action against Antares over the detention of a vessel in Venezuela in 2015.

Samuel Casey, 17 May 2022
Allianz agrees to $6bn payment in Structured Alpha fraud case

Together with its parent company, Allianz Global Investors has agreed to pay more than $5bn in restitution to victims and $1bn to US authorities.

Jairo Ibarra, 17 May 2022
Top Premier League clubs latest to launch BI claim against insurers

The Supreme Court ruling over BI coverage early last year has not put a stop to BI litigation over Covid losses.

Samuel Casey, 17 May 2022
Liberty Mutual Re hires Sharman as casualty treaty underwriter

The new hire joins from Axa XL, with a background at Hiscox.

Rachel Dalton, 17 May 2022
PIB agrees to buy Spanish broker Tractio

The business specialises in transport, port and logistics risks.

Rachel Dalton, 17 May 2022
Dale Underwriting to launch in marine treaty with MS Amlin hires

Matthew Sims and William Taylor will launch a book from November as the market moves away from composite covers.

Samuel Casey, 17 May 2022
Fewer than 10% of insurers are prepared for climate resilience: Capgemini

Capgemini’s report said insurers needed to embed climate strategies into operating models and fundamentally change data strategy.

Samuel Casey, 17 May 2022

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