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Willis Q3: You only live twice
Positive earnings results point to the firm meeting full-year guidance, but will it hit the 500 points improvement in margin by 2024?
Insurance Insider US Research
,
29 October 2021
Gard falls to $27mn H1 loss on elevated pool and Covid-19 claims
P&I club Gard reported a post-tax loss of $27mn in the first half of the 2021 financial year on an estimated total call basis as the trend of large pool claims continued to hit the bottom line.
Samuel Casey
,
09 November 2021
UK looks to give FCA, PRA statutory objectives on growth and competitiveness
The proposals include changes to the regulators' statutory objectives and enhanced accountability mechanisms.
Samuel Casey
,
09 November 2021
AIG-owned AlphaCat loses EUR500mn+ mandate from investor PGGM
The Dutch firm had given the AIG-owned platform a mandate that could range from EUR500mn to EUR1bn, covering US cat reinsurance.
Fiona Robertson
,
09 November 2021
MNK Re expands team with launch of UK specialty business
The company’s new UK specialty team will be led by Grahame Lamb, Richard Daws and Jonathan Britton.
Luke Harrison
,
09 November 2021
Nexus drops sale of trade-credit broker Xenia
The confirmation comes after the intermediary agreed to buy two books of business from Parker Norfolk.
Rachel Dalton
,
09 November 2021
Munich’s Jurecka: Cat business is volatile but profitable long-term
Munich Re CFO Christoph Jurecka reaffirmed the carrier’s commitment to cat business and revealed an expectation of further price increases in 2022.
Rachel Dalton
,
09 November 2021
Chubb promotes Walker to lead aerospace after Slevin’s exit
Chubb has promoted Emma Walker to the head of aerospace role for Chubb Global Markets, giving her responsibility for managing and developing the carrier’s global aerospace portfolio.
Samuel Casey
,
09 November 2021
Xenia launches into financial and specialty with Parker Norfolk acquisition
The transaction marks Xenia’s sixth acquisition to date.
Luke Harrison
,
09 November 2021
Blenheim adds Plumptre and Fox to fuel political risk expansion
Blenheim Underwriting has recruited Tamsin Plumptre and Ed Fox as underwriters to its political risk team, as the carrier looks to continue expanding its political risk proposition.
Luke Harrison
,
09 November 2021
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