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Asta and JPO Consulting help launch MGA ARTes

As a Lloyd’s-registered coverholder, ARTes will initially focus on underwriting a US inland marine specialty book with an estimated $20mn capacity.

Luke Harrison, 14 February 2022
Chubb takes Travelers’ Bagijn to head up financial institutions

The appointment comes after Allison Wilkinson departed Chubb to join Convex.

Samuel Casey, 14 February 2022
Brit makes two senior appointments at ILS platform Sussex Capital

Cornell Fox joins as head of investor relations and business development, while Masa Kitade has been enlisted as head of business development for Asia.

Aisling Finn, 14 February 2022
MS Amlin’s nine-month loss almost halves as Covid impact lessens

The unit still faced £272mn in nat-cat losses and a £58mn Covid-19 impact during the period.

Rachel Dalton, 14 February 2022
IQUW wants to be Lloyd’s ‘vanguard of change’ and eyes $1.2bn group GWP

The carrier is looking to rapidly achieve scale, taking advantage of its capital light model.

Samuel Casey, 14 February 2022
Sompo International boosts nine-month profits 600% to $384mn

The carrier benefited from substantial top line growth and an absence of Covid-19 claims.

Samuel Casey, 14 February 2022
Tokio Marine nine-month profit more than triples as cat and Covid impacts recede

The international segment booked 47bn yen in cat losses including Ida and Uri.

Rachel Dalton, 14 February 2022
Oneglobal appoints de Lima as Andean region CEO

The executive joins from AJ Gallagher Colombia.

Rachel Dalton, 11 February 2022
Construction market faces potential $860mn Petroperu claim in Covid BI dispute

The dispute has arisen due to a mismatch in the provision of infectious disease cover between Petroperu’s policy with local fronting carrier Mapfre, and the policy between Mapfre and its facultative reinsurers.

Jairo Ibarra, 11 February 2022
‘Still opportunity’ in cat despite heavy losses: Lancashire’s Maloney

The CEO said, in very heavy cat years, “if you write a substantial amount of cat business as we do, there's going to be an inherent volatility to your business, which we accept”.

Luke Harrison, 11 February 2022

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