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Carbon Underwriting promotes Tye to CEO

The carrier says several leadership changes will help position the insurer for further success.

Luke Harrison, 01 July 2021
Government close to securing UK financial services carve out from G7 tax system: report

The proposal for a global minimum corporate tax rate of at least 15% was agreed by the G7 earlier this month.

Samuel Casey, 01 July 2021
Cresta pegs Fukushima quake industry loss at $2.63bn

Despite the quake, 2021 has been a benign year for cats so far, the data compiler said.

Rachel Dalton, 01 July 2021
Willis Re’s Vickers: Reinsurance rates will not ‘fall off a cliff’

Reinsurance rate increases are tapering off, but the recent influx of capacity will not cause pricing to “fall off a cliff” thanks to continuing market discipline, according to Willis Re’s James Vickers.

Rachel Dalton, 01 July 2021
Willis Re: Reinsurance market ‘approaching equilibrium’

The broker noted slowing price increases across most lines as stronger capacity, low cat losses and improved results take effect.

Rachel Dalton, 01 July 2021
Samengo-Turner is made Marsh UK specialty CEO as GC hires Wemyss as global fac chief

Marsh’s current UK & Ireland specialty chief Paul Moody moves to role at Guy Carpenter.

Adam McNestrie, 01 July 2021
Opinion: Royal pressure for industry action on climate

Last week, a Royal visit to 1 Lime Street heralded a fresh commitment from the (re)insurance industry to building a more sustainable future.

Catrin Shi, 01 July 2021
Arcus syndicate rebrands to IQUW in pivot to multi-line model

The rebrand follows a last-minute acquisition of the firm by Aquiline-owned Lloyd’s syndicate ERS, in December of last year.

Alex Frampton, 01 July 2021
Gallagher reveals September 2020 ransomware attack accessed personal details

Companies including Axa and CNA Financial have also been recent victims of cyber criminals.

Samuel Casey, 01 July 2021
Piiq loses first account as Sabca taken by Willis

The forfeiture of the account follows a series of deals moving in the other direction, including Airbus.

Adam McNestrie, 30 June 2021

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