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Median multiple for platform brokers holds at 15x in 2020: Hines
Broker M&A deal flow was strong in 2020 but due diligence has become a major focus.
Rachel Dalton
,
01 February 2021
Swiss Re CorSo promotes Slack UK and EMEA wholesale chief
The executive will move to London from Sydney as part of her new role.
Rachel Dalton
,
01 February 2021
M&A broker Liva strikes minority stake deal with Ecclesia
The investment will help finance hires and expansion into other jurisdictions.
Catrin Shi
,
01 February 2021
Berenberg trims industry Covid loss range to $40bn-$60bn
The analyst predicts the insurance sector could experience its best performance in nearly a decade.
Anna Sagar
,
01 February 2021
IUA appoints Zurich’s Kuchinski as chairman to replace Tiernan
The executive moves up from the deputy chairman role.
Anna Sagar
,
01 February 2021
AM Best warns of potential reinsurer disputes over UK BI
The ratings agency foresees no “material effect” on the capital or earnings of UK commercial property insurers following the Supreme Court ruling.
Anna Sagar
,
01 February 2021
Former PartnerRe CEO Clarke becomes Wakam chairman
The reinsurance veteran lands at the French insurer as it restyles itself as an InsurTech.
Anna Sagar
,
01 February 2021
Ascot’s Brooks: Extent of underpricing in Lloyd’s is ‘alarming’
The CEO said there is still some way to go on pricing as he revealed $2.4bn premium expectations for the group in 2021.
Catrin Shi
,
01 February 2021
Brokers hold sway in uptake of e-trading: InsTech London
The organisation also says that the specialty sector is not immune to tech disruption from Lemonade-style companies.
Samuel Casey
,
01 February 2021
Perils lifts Queensland hailstorm loss estimate by 6% to A$1.3bn
The event was the third Australian hailstorm event of 2020 reported by the data aggregator.
Anna Sagar
,
01 February 2021
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