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Howden Group reports 19% organic growth for 2021

Expansive intermediary Howden Group reported 19% organic growth for the year to 30 September 2021, as well as a 48% increase in revenue to £1.15bn ($1.57bn).

Rachel Dalton, 20 January 2022
McGovern: London needs ‘open-minded regulator’ to support new players

The Axa XL executive said a parliament inquiry into London market regulation provides a platform to raise issues around the absence of UK captives and domestic reinsurers.

Marcel Le Gouais, 20 January 2022
Graubündner Kantonalbank acquires 30% stake in Twelve Capital

Subject to regulatory approval, the transaction is expected to close in Q2.

Luke Harrison, 20 January 2022
Number of s166 reports on insurers trending downwards

Data obtained from PRA and FCA shows fewer Skilled Persons Reviews in recent years – but the tool remains a valuable one for regulators.

Ben Wylie, 20 January 2022
Q4 preview: Earning your keep

With Q4 cat losses relatively benign, the focus in Q4 2021 will be on underlying dynamics including the impact of rate rises, Omicron and the economy.

Insurance Insider US Research, 18 January 2022
Tokio Marine joins Net-Zero Insurance Alliance as first Japanese member

Tokio Marine & Nichido Fire Insurance Co also plans to join the partnership for Carbon Accounting Financials initiative.

Luke Harrison, 19 January 2022
Conduit Re predicts shortages in cat coverage in 2022

The firm said its preference for single class exposures had constrained growth in specialty lines as brokers sought to push different classes together in combined programmes.

Martha Muir, 19 January 2022
Certa to open Barcelona office and increases lines per risk by 25%

The MGA has also appointed senior tax lawyer Laura Foley and Spanish tax manager Julia Monsech to bolster its underwriting team.

Luke Harrison, 19 January 2022
Tokio Marine Kiln to sell $125mn TMH construction book

Industry veteran Rick Girden runs the construction portfolio, which is projected to grow to $200mn this year.

Adam McNestrie, 19 January 2022
Marsh vice-chair Drummond-Brady to step down

Mark Drummond-Brady first joined Marsh in 2019 when it completed a $6.5bn takeover of Jardine Lloyd Thompson.

Aisling Finn, 19 January 2022

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