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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
Value of fully settled UK Covid-19 BI claims closing in on £1bn: FCA
A further £51mn of claims were fully settled in the month to 5 January, per the latest release of data.
Ben Wylie
,
19 January 2022
Samphire gets regulatory approval to start trading
Samphire Risk is being incubated by Davies, which has supported the launch and hosting of more than 40 MGAs.
Aisling Finn
,
19 January 2022
Reinsurance returns expected to meet cost of capital: Fitch
The industry is expected to improve its return on capital slightly in 2022.
Martha Muir
,
19 January 2022
Nat-cat modelling InsurTech Reask closes seed funding round
The round was led by global technology giant Tencent and saw participation from SV Angel and Hawktail.
Aisling Finn
,
19 January 2022
Merck wins landmark case against insurers in cyber-attack suit
The New Jersey Superior Court rejected insurers’ attempts to apply a war exclusion to prevent paying out for BI losses.
Rachel Dalton
,
19 January 2022
Hamilton Re appoints AIG’s Friston as head of financial lines
David Friston worked for 11 years at AIG in Bermuda as SVP and financial lines manager.
Farhin Lilywala
,
19 January 2022
Gallagher Re expands cyber team with Hiscox’s Kim
Liz Kim is joining Gallagher Re’s 40-plus-strong cyber team from Hiscox, where she has spent more than 12 years.
Aisling Finn
,
19 January 2022
Howden Re bolsters Asia Pacific treaty team with Pike hire
Richard Pike joins Howden Re from Berkley Re, where he was responsible for regional ceded reinsurance.
Aisling Finn
,
19 January 2022
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