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Coverys’ European MGA expansion continues with launch of Barcelona base

The business will write casualty lines including PI, D&O, medmal and cyber.

Rachel Dalton, 19 October 2021
BP Marsh posts rise of over 8% in net asset value to £155mn

Investee firm CBC has also secured £3mn financing from Coutts.

Rachel Dalton, 19 October 2021
Opinion: Ratings agencies could play a key role in policing climate change pricing

S&P suggested that an “abrupt rethinking” was a more likely outcome than gradual pricing increases – but a third way is possible if ratings agencies set a glidepath to change.

Fiona Robertson, 19 October 2021
Willis wins airline clients from Marsh amid intense competition in aviation

Willis Towers Watson has won three new airline clients from Marsh, Insurance Insider can reveal, marking a string of victories for the broker’s global aerospace unit after a period of uncertainty.

Adam McNestrie, 19 October 2021
Carrick secures $40mn bank funding for legacy deals

The business launched in 2020 with $100mn in initial capital.

Rachel Dalton, 18 October 2021
MGA Trafalgar Marine Trades takes Arch’s Loader for marine trades

The coverholder has also expanded its product offering and now underwrites marina business.

Samuel Casey, 18 October 2021
Hannover’s Pickel: Bernd-hit German cat programmes face double-digit increases

The executive said “every reinsurance buyer” underestimated the impact of the flooding.

Rachel Dalton, 18 October 2021
Scor’s Kessler named Reinsurance Advisory Board chair

The Scor chairman takes over from Swiss Re CEO Christian Mumenthaler, who steps down after two and a half years in the role.

Samuel Casey, 18 October 2021
TMK takes Chubb’s Slevin to lead growth in aviation book

The underwriter has more than 36 years’ experience and has previously worked at Hiscox and Faraday.

Samuel Casey, 18 October 2021
Munich Re expects more European price increases at 1.1 on major losses and inflation

The carrier also cited increasing continental cyber losses as a factor in continued market hardening.

Rachel Dalton, 18 October 2021

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