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The Hanover estimates Q3 cat losses of $150mn-$165mn
The midpoint for the estimate is around $97mn above the company’s pre-tax cat load, with $75mn resulting from Hurricane Ida.
Luke Harrison
,
22 September 2021
Beazley names Turk head of strategy and exec committee member
The carrier has been reshaping its senior leadership team since Adrian Cox took on the helm of CEO.
Samuel Casey
,
22 September 2021
Aon doubles down on Aon United with revamped branding
Aon made internal announcements on a rebrand last week, as the broker forges a new path after ending plans to merge with Willis.
Giovanna Bellotti Azevedo
,
22 September 2021
Lloyd’s fines former Hampden director £96k for unauthorised loans
Standfirst: Gregory White received over £200,000 in commission for orchestrating unauthorised loans.
Samuel Casey
,
22 September 2021
Howden hires Swiss Re’s Cochrane to spearhead energy transformation
In his new role, Stanley Cochrane will work across the across the natural resources, climate risk and resilience teams.
Luke Harrison
,
22 September 2021
Howden Specialty takes Miller’s Folwell for marine cargo
The stock throughput specialist has worked in the London market for more than 35 years.
Samuel Casey
,
22 September 2021
More than two thirds of Lloyd’s capacity available on Tremor platform
A total of 33 managing agencies have entered into agreements directly on the Tremor market.
Samuel Casey
,
22 September 2021
Ida’s increased complexity puts the loss into the $30bn+ range
This year’s nat-cat losses are hitting harder for reinsurers, as the top three events are larger in scale than any since 2017.
Fiona Robertson
,
22 September 2021
Castel hires Ker from Apollo for new head of performance role
Doug Ker will work to enhance levels of profitability across the firm’s underwriting cells.
Samuel Casey
,
22 September 2021
Reinsurance market remains ‘stable’ off improved pricing dynamics: AM Best
AM Best sees positive market trends in reinsurance including more restrictive terms and better rates.
Giovanna Bellotti Azevedo
,
21 September 2021
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