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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
MS Amlin Underwriting names RSG’s McKenna as president of US entity

Peter McKenna will report into Johan Slabbert CEO of MS Amlin Distribution.

Luke Harrison, 08 November 2021
LRA-S taps Axa XL’s Nguyen Tu for deputy CEO role

The aviation veteran worked for Axa XL for almost two decades.

Adam McNestrie, 08 November 2021
McGill and Partners two years in: The journey to profitability

The eponymous CEO alongside strategy head Stephen Cross and Warburg Pincus’s James O’Gara talk growth, revenue and talent two years into the project.

Rachel Dalton, 08 November 2021
Aon flags ‘major concern’ as only 31% of $3tn weather losses insured

The broker said that weather-related losses had become more severe in the past decade because of climate change.

Samuel Casey, 05 November 2021
Aon’s credit trio of Bristow, Watson and Leslie decamp for Marsh

Based in London, Graham Bristow, Barrie Watson and Ian Leslie all held senior roles at Aon's credit solutions.

Luke Harrison, 05 November 2021
Howden Group ups debt to £2.9bn to finance Aston Lark purchase

The expansive intermediary has also launched New Zealand operations.

Rachel Dalton, 05 November 2021

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