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Conduit Re ups quota-share business in Q1 as primary rates improve
The start-up carrier still plans to write more excess-of-loss business overall.
Rachel Dalton
,
13 May 2021
High Court rejects London P&I Club human rights appeal in $1bn Prestige saga
The Prestige oil spill caused major damage to the Spanish and French coasts in 2002 and has been subject to long-running litigation.
Samuel Casey
,
13 May 2021
City minister Glen: More work to be done on FSCS levy
The economic secretary to the Treasury also pledged simpler regulation following a review.
Rachel Dalton
,
13 May 2021
Resolution and Ashbrooke buy Sportscover European operations
Resolution facilities will allow the businesses to continue to trade in a post-Brexit environment.
Samuel Casey
,
13 May 2021
Lancashire aviation treaty head Warburg to take ERS specialty re role
The hire reflects the Aquiline and Abry Partners-backed business’s diversification away from motor.
Adam McNestrie
,
13 May 2021
FSCS cuts insurance-sector levy, with broker bill slashed by half
The UK compensation scheme trims the overall bill to the financial services sector by one-fifth, although it warns of uncertainties ahead.
Laura Board
,
13 May 2021
AJG may need to buy additional Aon-Willis remedy assets: filing
The $3.57bn side deal is contingent on the closing of the bigger merger, which itself needs approval from regulators including the European Commission and Department of Justice.
Rachel Dalton
,
13 May 2021
Conduit Re estimates Q1 premiums above plan at $199mn
The start-up has so far participated in around 80 contracts.
Rachel Dalton
,
13 May 2021
Willis Re is a once-in-a-generation deal for Arthur J Gallagher
The business looks well placed to succeed if it can keep retention in check and reinvest to build broader capabilities.
Adam McNestrie
,
13 May 2021
Beazley Q1 rate growth doubles to 16% as GWP hits $971mn
All seven market segments achieve rate expansion, though property momentum eases from a year earlier.
Anna Sagar
,
13 May 2021
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