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K2 International increases projected premium by 15% to $250mn for 2022
Increased capacity has been secured for the three underwriting teams, K2 Financial, K2 Property D&F and K2 Cat.
Luke Harrison
,
22 December 2021
MGA Banyan Risk expands into Canada with Densham as president
In his new role at the specialist D&O MGA, Densham will report to Banyan founder and CEO Tim Usher-Jones.
Luke Harrison
,
22 December 2021
Potential tax liabilities for UK’s largest insurance firms at £2.3bn - DLA Piper
The UK’s biggest insurance firms saw the tax that HMRC investigated jump by over £260mn between 31 March 2020 and 31 March 2021.
Aisling Finn
,
22 December 2021
Fidelis’ Pine Walk platform to launch credit and political risk MGA with Channel duo
The new MGA, headed by Kade Spears and Caroline Coulson, will be Pine Walk’s third addition this year.
Luke Harrison
,
22 December 2021
Optio’s cyber MGA Ascent loses Munich Re lead paper for 2022
It is understood that Ascent is currently in negotiations with a number of new potential lead markets.
Catrin Shi
,
22 December 2021
Dunleavy named group CUO in string of Aspen promotions
In a raft of promotions, Andrew Rippert will become reinsurance CUO and Beatrice Morley head of international reinsurance.
Samuel Casey
,
22 December 2021
BP Marsh sells stake in London-based MGA to Humn
BP Marsh has had a return on equity eight times higher than when it first invested in Walsingham Motor Insurance Limited.
Aisling Finn
,
22 December 2021
Helios to treble capacity to £171mn in 2022
The Lloyd’s investment vehicle has also acquired three more limited-liability vehicles.
Samuel Casey
,
22 December 2021
Aon’s contingency head Thomas to depart
The long-serving Aon executive led a team placing a variety of contingency coverage in Lloyd’s and London.
Samuel Casey
,
22 December 2021
London property D&F market holds hopes of 2022 rate re-acceleration
The prospect of higher reinsurance costs, an inflationary environment and concerns over cat pricing are fuelling the underwriter argument for more rate in 2022.
Catrin Shi
,
22 December 2021
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