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Trade credit carriers in good shape even as insolvencies loom: AM Best
The ratings agency said trade credit insurers were still expecting further losses as Covid-19 government support came to an end.
Luke Harrison
,
15 July 2021
Lancashire builds in cargo with WISE Underwriting’s Blewett
The carrier has been rebuilding its team after Alasdair Butler and Lee Aspinall left to launch an MGA.
15 July 2021
Gallagher report: It’s ‘when not if’ for major hull containership loss
The broker said hull rating growth had slowed and desirable fleets were settling with modest increases.
Samuel Casey
,
15 July 2021
Hiscox reaches £5.2mn Covid BI settlement with UK night clubs
Leisure broker NDML said the settlement was an ‘initial figure’, with more claims yet to be finalised.
Jim Robinson
,
15 July 2021
Hiscox CEO Masojada prepares to retire after 20 years
A departure in the spring now seems likely, with Hiscox Global Retail CEO Walter and CFO Hussain internal candidates for the top job.
Adam McNestrie
,
15 July 2021
Enstar strikes $880mn share buyback with Hillhouse at 18% discount
The repurchase deal will see the 16.9% interest held by the Chinese firm bought back, boosting the firm's book value per share.
Adam McNestrie
,
15 July 2021
Qatar Re appoints Acrisure’s Malloy as chairman
William Malloy will serve as independent non-executive chairman at Qatar Re, following the retirement of Sunil Talwar.
Luke Harrison
,
15 July 2021
Aston Lark reports underlying Ebitda rise of 22%, as acquisitions accelerate
The broker consolidator’s organic growth for 2020 was 4.4%, while revenue was up 28%.
Rachel Dalton
,
15 July 2021
Sompo International adds ArgoGlobal’s Serra for professional lines
The underwriter will be based in Barcelona and focus on professional indemnity business.
Samuel Casey
,
15 July 2021
FCA sets out D&I, data and fraud priorities in 2021-22 business plan
New CEO Nikhil Rathi says the watchdog will become “proactive, tough and agile”.
Rachel Dalton
,
15 July 2021
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