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UK War Risks Club lands Markel’s Gordge after Whitear move to Canopius
The marine hull and war market has experienced a sustained period of personnel movement this year.
Samuel Casey
,
05 May 2021
QBE reports 8.9% Q1 rate growth but smashes cat budget
The Australian carrier says catastrophes cost it a net $260mn, 44% above its allowance.
Anna Sagar
,
05 May 2021
Corant Global appoints Willis’ Scope as Bermuda chairman
The former Willis executive is to work with Corant Bermuda CEO Chris Bonard and Ed Broking’s Bermuda chairman John Turner.
Anna Sagar
,
05 May 2021
RLI on Q1: I have good news and good news
The carrier’s results showed its biggest reserve release on record, and the highest growth in 36 quarters.
Insurance Insider US Research
,
22 April 2021
First signs of rate deceleration show in run-up to 1.6: Hannover Re
The carrier expects rate increases on US and Australian accounts to be smaller than those at 1.1 and 1.4.
Rachel Dalton
,
05 May 2021
Markel/Nephila place majority Volante Global stake up for sale
CEO Talbir Bains founded the business in 2017 with backing from the market’s largest ILS manager.
Adam McNestrie
,
05 May 2021
Australian government invests A$600mn in disaster preparation agency
The establishment of the National Recovery and Resilience Agency follows news of a new A$10bn state reinsurance backstop for cyclones.
Samuel Casey
,
05 May 2021
Bermuda (re)insurers’ tactics diverge in Q1 market correction
Many carriers agreed on the growing attraction of primary markets but differed on reinsurance-expansion tactics.
Fiona Robertson
,
05 May 2021
Hiscox reports 6.3% GWP growth in Q1 and London Market rates up 13%
The carrier reserves $47mn for Storm Uri but says the overall claims experience was positive.
Samuel Casey
,
05 May 2021
Hannover Re P&C re profit up 6.3% in Q1 as large losses shrink
The carrier reported price increases at 1.1 of 5% across the board.
Rachel Dalton
,
05 May 2021
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