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Regulators must ease up on data rules in net-zero journey: Liiba

Regulators must be less demanding around data requirements from brokers as intermediaries make the shift towards net-zero, the London & International Insurance Brokers Association (Liiba) says.

Rachel Dalton, 12 November 2021
Ascot makes Willis Towers Watson’s McBain Bermuda head of management liability

Ascot has appointed Mitch McBain as senior vice president and head of management liability in Bermuda.

Rachel Dalton, 12 November 2021
IGI’s Q3 operating income more than doubles

IGI has reported third-quarter core operating income of $15.4mn, a 140.6% increase year on year, as net earned premiums grew and claims and expenses fell.

Rachel Dalton, 12 November 2021
Catastrophe risk, climate change and the convergence market

Reinsurance and ILS is ‘still in its infancy’ in understanding climate change’s impact on catastrophe risk.

Liz Bury, 12 November 2021
London market at ‘tipping point’ of office return: Munich Re Syndicate CUO

Executives said they were surprised that underwriters had staged more of a return than brokers.

Samuel Casey, 11 November 2021
Greenlight Re Innovations backs start-up InsurTech Blueprint Title

Greenlight CEO Simon Burton described title insurance as the perfect example of an inefficient marketplace with high expense ratios.

Eileen AJ Connelly, 11 November 2021
Zurich exhausts global aggregate cat cover after Q3 losses

Zurich has exhausted its $450mn aggregate reinsurance cover after booking around $450mn in losses from Hurricane Ida and $150mn-$200mn from Storm Bernd.

Rachel Dalton, 11 November 2021
FSCS not to levy further in 2021-22 as failures lower than expected

The Financial Services Compensation Scheme (FSCS) has confirmed it will not be calling for a supplementary levy for the remainder of the 2021-22 financial year.

Samuel Casey, 11 November 2021
HDI Global buys 49.8% HDI Global Specialty stake from Hannover Re

The transaction will free up capital for Hannover’s reinsurance growth.

Rachel Dalton, 11 November 2021
Markel adds underwriting trio for renewables push

Charlie Richardson will work as head of renewable energy underwriting, as previously reported by this publication.

Samuel Casey, 11 November 2021

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