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WTW making progress in hiring after staff-retention challenges: Hess

Financial results in the fourth quarter were impacted by senior staff departures and lost business.

Samuel Casey, 08 February 2022
Scor: Portfolio shift and price increases slashed 2022 cat PMLs by 11%

The carrier also said its new retro purchase will provide first-dollar protection.

Rachel Dalton, 08 February 2022
Vantage buys admitted carrier after $200mn capital injection from Carlyle, H&F

The acquisition of an admitted company goes along with the surplus lines company Vantage purchased to jumpstart its US insurance business in July.

James Thaler, 08 February 2022
Ark lifts January top line by 85% as Ida releases benefit Q4

The White Mountains-owned carrier benefited from reserve releases from Hurricane Ida losses in Q4.

Fiona Robertson, 08 February 2022
WTW posts 4% organic growth and matches earnings consensus

CEO Carl Hess said the results did not fully reflect the near and long-term potential of the firm.

Samuel Casey, 08 February 2022
FCA launches recruitment campaign to accelerate authorisations

The FCA has hired 60 staff this year alone, with more than 200 set to join by the end of the quarter, including 95 on its authorisations team.

Aisling Finn, 08 February 2022
BHSI promotes McGriskin to head of UK financial institutions

Prior to her promotion, Janine McGriskin held the role of senior underwriter, UK financial institutions, at the carrier.

Luke Harrison, 08 February 2022
Convex lands Tokio Marine HCC’s Prestidge for contingency

Convex was one of the carriers to enter the contingency market following the major Covid-19 loss event.

Samuel Casey, 08 February 2022
QBE names Shallow marine head as Pembroke retires

Tim Pembroke will retire at the end of March after more than 24 years with QBE.

Samuel Casey, 08 February 2022
RiverStone opens Bermuda office, appoints Rocke to head up new division

David Rocke brings more than 25 years' experience to RiverStone, joining the firm as its first MD in Bermuda.

Aisling Finn, 08 February 2022

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