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Start-ups not about market 'need' but opportunity: Eckert

Major consolidation laid the ground for current new launches, the Conduit chairman suggested.

Fiona Robertson, 23 December 2020
Chubb Global Markets promotes Driscoll and Rowley in PI team

The carrier said there were plans to grow the team further and its US and non-US sides would be merged.

Anna Sagar, 23 December 2020
Eiopa makes adjustments to solvency assessments due to Covid-19

The regulator said that the Own Risk Solvency Assessment should take account of Covid-19.

Samuel Casey, 23 December 2020
Double-digit growth expected at most Lloyd’s property syndicates in 2021: AmWins

The broker said that it expects double-digit growth for most property syndicates for 2021.

Anna Sagar, 23 December 2020
There are enough reinsurers with dry powder and increased risk appetite to keep a lid on rate rises

There are enough reinsurers with dry powder and increased risk appetite to keep a lid on rate rises.

Adam McNestrie, 23 December 2020
Argo agrees to sell Italian business amid international retreat

Argo has been on a drive to reduce the size of its poorly performing international business under CEO Kevin Rehnberg.

Bernard Goyder, 23 December 2020
‘Non-concurrent’ reinsurance placements increasingly become norm: BMS’s Irvan

Tougher positioning by reinsurers at the 1.1 renewal accelerated the practice of placing business at differentiated terms, Irvan said.

Bernard Goyder, 23 December 2020
Exclusions negotiations divert focus in subdued 1.1 renewals

US cat renewals are outpacing European increases, but as signalled earlier this month, the level of rate hikes has fallen back.

Fiona Robertson, 22 December 2020
Cyber towers of $300mn still possible in London despite tighter capacity

AmWins also highlighted the continued availability of “cheap” excess capacity from London cyber MGAs.

Catrin Shi, 22 December 2020
Vaccine logistics an ‘unprecedented challenge’ for marine insurers: Munich Re

Insurers will provide risk management expertise and capacity to aid the global distribution effort.

Samuel Casey, 22 December 2020

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