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Beazley specialty head Eaton to retire at year-end

Beazley’s head of specialty lines James Eaton will retire at the end of 2022 after 16 years at the carrier.

Samuel Casey, 23 February 2022
Insured losses from European storms could reach EUR1.6bn: MSK

German actuarial firm Meyerthole Siems Kohlruss warned the losses represented a “turbulent” start to the year.

Martha Muir, 23 February 2022
Brown & Brown and TA Associates in running for GRP deal

A conclusion to the Evercore-run restricted sale process is expected this quarter.

Rachel Dalton, 23 February 2022
Cincinnati Syndicate 318 posts 2021 CoR of 83%

Fellow Names-backed Verto Syndicate 2689 reported a loss of £10mn for 2021.

Rachel Dalton, 23 February 2022
Profit for Munich Re P&C re climbs sixfold over fourth quarter

Munich Re’s P&C re unit reported a Q4 consolidated result of EUR648mn ($735mn), a sixfold increase year on year, as the carrier announced 14.5% premium growth at the 1 January renewals.

Rachel Dalton, 23 February 2022
Analysis: How does Ki’s year-one performance shape up?

Insurance Insider does the data work on how Ki’s first-year numbers compare with other Lloyd’s start-ups.

Ben Wylie, 23 February 2022
Enstar names acting finance chief Gregory to board of directors

Since joining the company in 2003, Orla Gregory has held increasingly senior roles, rising to acting CFO in September.

Eileen AJ Connelly, 23 February 2022
Argo’s U/W loss widens to $109mn in Q4 following a $132mn reserve charge

Argo’s Q4 2021 loss ratio jumped to 87.1% from 69.8% a year ago, despite cat losses dropping to $6.8mn from over $50mn in Q4 2020.

Jairo Ibarra, 23 February 2022
BMS promotes Prior to head of environmental and social responsibility

The newly created role will see Neil Prior lead BMS’s global environmental and social responsibility initiatives.

Aisling Finn, 22 February 2022
Nexus Underwriting Management rebrands as Kentro Capital

Colin Thompson will remain CEO of the entity, while Tim Coles will continue to run Xenia.

Rachel Dalton, 22 February 2022

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