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North cuts combined ratio to 113.7% despite Covid and record pool claims
Claims against the IG pooling arrangement totalled $463mn for the year, with North paying out $90mn.
Samuel Casey
,
26 May 2021
Ardonagh to acquire Ed- and Besso-owner Corant for $500mn
The transaction will create London’s largest independent specialty and wholesale broking business.
Adam McNestrie
,
26 May 2021
D&O MGA Rising Edge confirms Vantage backing and adds to team at launch
Two former Axa XL financial lines underwriters join the start-up.
Samuel Casey
,
26 May 2021
LMA appoints new board members, sets target for boosting diversity
CEO Sheila Cameron says the association plans to have a board where 30% of members are female and/or from an ethnic minority by the end of 2023.
Jim Robinson
,
26 May 2021
McGill and Partners hires Aon’s Lorber for US structured solutions role
The newcomer joins as a partner at the expansive broker.
Rachel Dalton
,
26 May 2021
Allianz’s UK CEO Dye to depart, with Aviva’s Holmes picked as successor
The outgoing chief has led the German carrier’s UK business for eight years.
Samuel Casey
,
26 May 2021
Global build-out at BMS continues apace with Turkey launch
The broking business has added to its expansion in Asia, Latin America and the US.
Rachel Dalton
,
26 May 2021
Peak Re appoints Cussigh as CEO of Swiss division
Matteo Cussigh has more than two decades of experience in traditional reinsurance and alternative risk solutions.
Jim Robinson
,
26 May 2021
Charman: A serial entrepreneur and ‘underwriter’s underwriter’
After successfully founding Tarquin and Axis, Charman led Endurance to a bumper valuation when bought by Sompo.
Samuel Casey
,
26 May 2021
Aon-Willis: Still a win, but a smaller win
Despite the sizable divestitures at a painful price, the deal maintains its appeal across most strategic and financial aspects.
Insurance Insider US Research
,
12 May 2021
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