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US casualty reinsurers give way on QS commissions in mid-year renewals

Reinsurers are clamouring for proportional business, while maintaining excess-of-loss rate rises at 1 January levels.

Rachel Dalton, 28 May 2021
No evidence of market abuse by Scor’s Kessler: French regulator

In a statement on Thursday, Scor said it “acknowledges and welcomes” the findings from the French authority, calling the original allegations “a groundless move”.

James Thaler, 28 May 2021
KBW alumnus Allen and former Munich Re exec Rear exploring London SPAC

The vehicle would need to raise in excess of £200mn if the proposed listing rules go into effect.

Adam McNestrie, 27 May 2021
Elseco names ex-PartnerRe upstream specialist Vivares as senior energy manager

The appointment follows the decision of the Dubai MGA to restructure its energy portfolio last year.

Samuel Casey, 27 May 2021
Sompo International foresees ‘meaningful’ margin growth amid M&A and rate rises

The parent releases targets for the Bermuda business following the news of John Charman’s retirement as executive chairman.

Samuel Casey, 27 May 2021
Aspinall resigns as Lancashire cargo and specie head

The resignation comes amid an uptick of competition in the class after four years of positive rate development.

Samuel Casey, 27 May 2021
PartnerRe appoints ex-Lloyds Banking Group CEO Horta-Osório to its board

The executive recently stepped down from Lloyds after steering the bank through the aftermath of the financial crisis.

Samuel Casey, 27 May 2021
Aviva posts 17% rise in corporate specialty lines

Continued rate momentum and retention drives growth in the carrier’s global specialty business.

Marcel Le Gouais, 27 May 2021
Howden Specialty hires from Willis for renewables advisory service leader

Severin Hegelbach is to take a new Brazil-based divisional director role.

Jim Robinson, 27 May 2021
R&Q assumes £75mn QBE liability risks from Armour

The loss portfolio transfer gave an exit solution to investors in the ILS-backed legacy fund.

Fiona Robertson, 27 May 2021

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