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Q4 takeaways for London from the early US reporters

Positive results from E&S writers, good news on submission flows and creeping discussion of wage inflation are among the trends reflected in early Q4 commentary.

Catrin Shi, 03 February 2022
Hannover Re secures 4.1% rate increase at 1.1

The carrier expanded premium by 8.3% at the January renewal.

Rachel Dalton, 03 February 2022
FCA CEO under pressure after staff back industrial action

FCA employees who are Unite members have voted to back industrial action, after CEO Nikhil Rathi upset staff with proposed changes to pay and work practices.

Luke Harrison, 02 February 2022
Ascot brings in Antares’ Hutchison for marine underwriting role

The appointment comes after marine liability underwriter Ellie Barr resigned to join Convex.

Samuel Casey, 02 February 2022
Liberty Specialty Markets eyes financial risk expansion with appointments

The firm has promoted Huw Owens to CUO and Sam Wilde to head of London markets in its financial risk solutions division.

Aisling Finn, 02 February 2022
Global cyber pricing soars in Q4, Finpro accelerates: Marsh index

Rates rocketed in the two most challenged areas of the market, while price deceleration continued in P&C, the broker’s index showed.

Rachel Dalton, 02 February 2022
Convex rules out new thermal coal after ‘inaccurate’ activist claims

The carrier has been targeted by activists whose claims it branded “inaccurate and misleading”.

Samuel Casey, 02 February 2022
CFC names former Lloyd’s CEO Ward non-executive chairman

The appointment comes in the wake of a major private equity deal for CFC, and the launch of a Lloyd’s syndicate.

Samuel Casey, 02 February 2022
S&P revises Scor ratings outlook to negative

The ratings company said it considered Scor's earnings performance, which has been below the agency's expectations for the past five years.

Luke Harrison, 02 February 2022
London’s fading star in reinsurance

EC3 has declined, struggling with a diminished ability to lead, Lloyd’s regulation, declining client relevance and the rise of Bermuda.

Adam McNestrie, 02 February 2022

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