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Zurich tightens stance on fossil fuel underwriting
The carrier said it would no longer support greenfield oil exploration and plans a full phase-out of thermal coal from its underwriting portfolio by 2040.
Luke Harrison
,
19 November 2021
The Week in 90 Seconds: London pricing; European cat; The Lloyd’s building; CFC interview
Plus the latest changes to the Marsh McLennan senior team and all the top news of the week.
Rachel Dalton
,
19 November 2021
Chaucer political violence head Bauckham resigns
The respected underwriter, who has worked at the business for more than two decades, will be replaced by Harriet Sharp.
Samuel Casey
,
19 November 2021
Hiscox appoints Starr’s Buchanan as London market casualty director
In his new role, Colin Buchanan will manage a team of 14 underwriters writing cyber, D&O and general liability.
Luke Harrison
,
19 November 2021
IGI and Markel hit with up to $30mn South African riot losses
The carriers’ losses stem from a placement covering losses ceded from the Mutual Risk Group, a group insurance arrangement consisting of 19 South African companies.
Luke Harrison
,
19 November 2021
Swiss Re inks deal with Baidu for auto business
The reinsurer and the tech firm will collaborate on driverless vehicle products.
Rachel Dalton
,
19 November 2021
MS Amlin falls to £101mn H1 loss on Ida and European floods
Excluding the catastrophe losses, the carrier would have posted a profit of £102mn.
Samuel Casey
,
19 November 2021
Inver Re hires ex-Hiscox director Sharpe
The new hire was previously CEO of InsurTech MGA Kinsu.
Rachel Dalton
,
19 November 2021
AM Best affirms UnipolRe ratings after cat XoL withdrawal
The ratings agency expects the carrier’s underwriting performance to improve in 2022.
Rachel Dalton
,
19 November 2021
Sompo International rebounds to $313mn fiscal H1 profit
The carrier boosted gross written premiums by 18% and benefited from rate improvement.
Samuel Casey
,
19 November 2021
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