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Regulators could be given duty to promote ‘sustainable growth’, Lords inquiry told

Two legal academics, giving evidence to the House of Lords inquiry into London market regulation, highlighted the need for a climate-focused duty for regulators.

Marcel Le Gouais, 01 February 2022
Kemper raises limit on property cat excess of loss reinsurance by $75mn

The rise accounts for growth in the firm’s specialty auto book.

James Thaler, 01 February 2022
Lloyd’s grants permission to underwrite to Marco RITC syndicate

The business will deliver legacy portfolio transactions for other Lloyd’s syndicates and be managed by Capita.

Samuel Casey, 01 February 2022
Axa XL promotes Maynard to head of life, accident and health

Prior to securing the top A&H job, Andrew Maynard was global product lead for wholesale life and A&H.

Aisling Finn, 01 February 2022
MGA Aqueous adds Great American capacity to expand in 2022

The MGA can now offer limits of up to £10mn on either primary or excess layers for UK PI business.

Samuel Casey, 01 February 2022
InsurTech Incited appoints Holman as board advisor

The addition of Martyn Holman comes after several substantial appointments to the company's leadership team last year.

Luke Harrison, 01 February 2022
Lords inquiry spotlights tightening regulatory net around London broking

Multiple government and regulator reviews have launched at a time when the cost of compliance is already piling pressure on brokers.

Rachel Dalton, 01 February 2022
Regulators must make decisions faster on ILS: McGovern

Axa XL’s UK and Lloyd’s CEO said speed of decision-making was key to UK market growth.

Marcel Le Gouais, 20 January 2022
Wasserman to retire as Compre takes on SiriusPoint legacy team

As part of the recent LPT deal, the Cinven-backed legacy firm also acquired the team from SiriusPoint’s run-off division as part of its push into the US.

Adam McNestrie, 31 January 2022
Irish insurer FBD welcomes court ruling on BI reinsurance recoveries

The ruling means the insurer will experience a significant favourable impact on previously booked reserves.

Samuel Casey, 31 January 2022

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