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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
Pascall joins SiriusPoint as London casualty head after Axa XL exit

The executive will be responsible for underwriting strategy for the London and international casualty book.

Samuel Casey, 17 May 2022
Beazley’s ESG syndicate team aims to 'change industry behaviour'

Beazley’s pioneering new Syndicate 4321 uses ESG ratings to provide additional capacity for clients, but it will play a broader, strategic role for the carrier.

Marcel Le Gouais, 17 May 2022
Florida legislative session could ‘make or break’ the dislocated insurance market

Sources close to the industry are calling for litigation reform as a priority, while Florida Hurricane Catastrophe Fund expansion is also on the cards.

Martha Muir, 16 May 2022
Lockton grows 2022 fiscal year revenue 27% to $2.7bn

The firm highlighted that over the last year it has recruited more than 1,200 staff across all lines of business.

Jairo Ibarra, 16 May 2022
Non-life legacy deals up 28% for Q1 after Aspen deal: PwC

A substantial rise in the value of liabilities transacted during Q1 to $4.2bn was driven largely by Aspen’s $3.6bn LPT with Enstar.

Luke Harrison, 16 May 2022
AIG pulls out of standalone aviation war market

The carrier, which has been a leader in the war liability market, has re-evaluated its appetite as a result of the Ukraine conflict.

Aisling Finn, 16 May 2022
Vesttoo appoints Prudential’s Wadhwa as CFO

The incoming CFO brings with him more than 15 years of experience in financial services, insurance and capital markets.

Aisling Finn, 16 May 2022

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