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Tysers on the brink of sale to Austbrokers as M&A saga nears end

The independent broker has an end to its long search for a new owner in sight.

Rachel Dalton, 01 April 2022
Inclusion@Lloyd’s membership grows to more than 7,900

The governing body has also set out its goals for the next two years, including promoting diversity initiatives within market bodies and raising awareness of its Partner Networks.

Aisling Finn, 01 April 2022
RenRe CEO O’Donnell appointed ClimateWise chair as reinsurer adds new ESG roles

The carrier has introduced a number of ESG-focused roles, which sees Cathal Carr, SVP, underwriting, appointed as global head of climate and sustainability strategy.

Luke Harrison, 01 April 2022
The Week in 90 Seconds: Russia PV and marine fears; 1.4 renewals; Syndicates back in the black

Plus the latest executive moves and all the top news of the week.

Rachel Dalton, 01 April 2022
Walmart warehouse fire results in $175mn ground-up property loss

If the retail firm also has to pay for structural damage to the building, this will add $80mn to the loss total, sources said.

Catrin Shi, 01 April 2022
Allen and Rear’s SPAC to target £150mn fundraise in coming days: report

Paul Jardine and Dominic Christian were also linked to the venture, which has been in train since May last year.

Samuel Casey, 01 April 2022
Reserve development pushes Aspen 4711 to 117.3% combined ratio in 2021

The carrier strengthened reserves by $41mn due to uncertainty around financial and professional lines claims development.

Samuel Casey, 01 April 2022
Scor Syndicate appoints Biggas as active underwriter

The incoming active underwriter and CUO was deputy active underwriter at Arch Syndicate 2012 and head of terrorism, aviation, war and space for Arch Insurance International.

Aisling Finn, 01 April 2022
Moscow declares all foreign leased aircraft will stay in Russia

More than 400 planes are stranded in the country following a new registration law.

Rachel Dalton, 01 April 2022
Ascot Syndicate 1414 reports 89.6% CoR as profit falls 18%

Although the syndicate’s loss ratio improved, it booked an investment loss for 2021.

Rachel Dalton, 01 April 2022

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