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Female board representation doubles in a decade

Male board members still hold more than two thirds of all seats at listed carriers and brokers, analysis shows.

Ben Wylie, 09 November 2021
Insurance Task Force launches disaster resilience framework

The cross-industry Insurance Task Force (ITF) working with Lloyd’s has launched a Disaster Resilience Framework for Climate-Vulnerable Countries, as part of its activities for the Prince of Wales’ Sustainable Markets Initiative (SMI).

Rachel Dalton, 08 November 2021
Warming climate has likely led to 11% rise in hurricane losses: KCC

Climate change is likely to have already driven up insured losses from hurricanes by 11%, and could raise annual windstorm losses by an additional 10%-19%, according to the latest white paper from Karen Clark & Co (KCC).

Liz Bury, 08 November 2021
Ark posts 92% combined ratio for Q3

White Mountains-backed carrier Ark has reported a 92% combined ratio for the third quarter, and a 95% combined ratio for the nine months to 30 September.

Rachel Dalton, 08 November 2021
Gallagher appoints Hiller as CEO of construction practice

Gallagher has named Martin Hiller as CEO of its specialty construction practice, a move which will see the executive head up the broker’s London based UK and international teams.

Luke Harrison, 08 November 2021
MS Amlin’s Wilken to exit for Hiscox Re

MS Amlin’s head of reinsurance Matthew Wilken is to leave the business for a role at Hiscox Re & ILS in Bermuda, this publication understands.

Rachel Dalton, 08 November 2021
Louisiana hurricane losses from 2020 hit $10.6bn amid labour shortages

Insurance commissioner Jim Donelon encouraged policyholders to file supplemental claims for expensive rebuild costs.

Samuel Casey, 08 November 2021
Acrisure Re confirms Wicks appointment and hires Arnott in Bermuda

The company confirmed its hire of Ian Wicks and announced Simon Arnott as a Bermuda executive.

Rachel Dalton, 08 November 2021
Fairfax’s Brit and Odyssey report Q3 CRs of 118% and 110%

Fairfax-owned carriers Brit and Odyssey Group generated Q3 combined ratios of 118.0% and 109.5% respectively as cat losses took their toll on the businesses.

Luke Harrison, 08 November 2021
PIB-owned Cobra London Markets comes under Citynet brand

Citynet Insurance Brokers and Cobra London Markets, both owned by PIB Group, have merged into one company and rebranded into Citynet.

Luke Harrison, 08 November 2021

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