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Liberty 4472 posts 89.4% combined ratio, but profits slide 43% to £89.7mn
The carrier is the latest in the Lloyd’s market to post a substantially improved combined ratio in 2021.
Samuel Casey
,
15 March 2022
Capital Returns slaps back at Argo, demands vote on board nominees in early May
Major shareholder mocks Argo statements on progress, stating “attempt at transformation has failed,” based on Argo performance.
Eileen AJ Connelly
,
15 March 2022
Mosaic continues expansion with Bermuda cyber underwriting unit
The insurer has transferred cyber underwriter George Cole from London to its Bermuda HQ.
Luke Harrison
,
15 March 2022
Generali ‘freezes’ Ingosstrakh stake but has no plans to sell
The Italian carrier said, in a worst-case scenario of a full Ingosstrakh write-down, the net impact would be around EUR166mn.
Jim Robinson
,
15 March 2022
Howden integrates HX into core business units
Rethink will join Dual, while Howden Analytics will join the reinsurance division.
Rachel Dalton
,
15 March 2022
Fitch downgrades six Russian insurers
The insurers have had their ratings downgraded to CC, while the debt rating of Insurance Joint Stock Company VSK has been lowered to "average".
Aisling Finn
,
15 March 2022
London PV market facing potential EUR200mn Syvash wind farm loss in Ukraine
It is understood that MS Amlin leads the placement, which is brokered by Marsh.
Luke Harrison
,
15 March 2022
Argenta’s Toth to re-emerge at Tamesis
Nick Toth is to become director of underwriting at the Howden-owned MGA.
Rachel Dalton
,
15 March 2022
Swiss Re CorSo appoints AIG’s Pan as Greater China CEO
In his new role, Jeffrey Pan will also be a member of the Corporate Solutions APAC executive team.
Luke Harrison
,
15 March 2022
Generali P&C profits up 7.9% despite worsening cat and motor claims
GWP in the P&C segment grew 7% to EUR24.1bn, following a 4.9% rise in auto line business and 7.5% growth in its non-motor line.
Luke Harrison
,
15 March 2022
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