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Marsh ups stake in Marsh India from 49% to 92%
The broker has acquired the share previously owned by the Rampart Trust.
Rachel Dalton
,
23 December 2021
Coverys’ Lloyd’s exit – A red flag or the cost of elite performance?
Syndicates will sometimes baulk at the degree of oversight in Lloyd’s, but it remains a poor signal that a niche player like 1975 would walk away.
Adam McNestrie
,
23 December 2021
Florida judge orders Aon fac defectors to avoid Willis clients
A judge for the Miami-Dade County Court has ordered Aon and individual defendants in the Miami facultative team poaching case to avoid doing reinsurance brokerage business with the defendants’ former Willis Towers Watson clients.
Jairo Ibarra
,
22 December 2021
AM Best reviews Covéa ratings with positive implications after PartnerRe deal
Ratings were reaffirmed for the Bermuda-based target company PartnerRe.
Liz Bury
,
22 December 2021
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
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