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Rate momentum to slow in 2021: Beazley’s Horton
The CEO predicts that the carrier's own expansion will be among the fastest of any year since the early 2000s.
Samuel Casey
,
24 November 2020
InsurTech Novidea raises $15mn in Series B funding
JAL Ventures led the funding round at the distribution platform.
Anna Sagar
,
24 November 2020
The Hartford hires former Chubb exec Robinson to lead international FL
There has been a string of underwriter transfers in the financial lines market amid hardening conditions.
Samuel Casey
,
24 November 2020
Zurich’s UK short-term trade credit head leaves
Steven Kent, who worked at the carrier for just under five years, has joined GFG Alliance as CUO.
Anna Sagar
,
24 November 2020
Swiss Re CorSo hires AGCS exec as global risk engineering services head
Tina Baacke will join the business from 1 January and succeed Martin Schürz, who retires in February.
Anna Sagar
,
24 November 2020
Australian reinsurance and Covid-19: What we know so far
Suncorp, IAG and QBE reinsurers could face significant recoveries after a landmark court ruling.
Rachel Dalton
,
24 November 2020
Casualty Re – Net retentions expected to grow over diverging ‘view of risk’
Brokers are navigating a market where new capacity from underwriters who have waited out the soft market may help dampen price rises.
James Thaler
,
24 November 2020
New Zealand’s Tower reaches $29mn settlement with Earthquake Commission
The pact over Canterbury earthquake payouts stretching back almost a decade will generate a NZ$9.5mn write-off for the carrier.
Anna Sagar
,
24 November 2020
UPC expands quota share reinsurance program
The Floridian carrier has agreed terms for a new reinsurance treaty that increases its cession rate by eight points to 30.5%.
John Hewitt Jones
,
24 November 2020
Liberty Syndicate 4472 grows stamp 9% for 2021
The increase is just above the Lloyd’s aggregate 8.5% market growth figure.
Catrin Shi
,
23 November 2020
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