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Pen Underwriting secures £55mn of Lloyd’s cyber capacity

The MGA’s underwriting firepower rises by 15%.

Anna Sagar, 02 September 2020
AM Best: reinsurance sector must press for prolonged rate amelioration

Fundraisings mitigate Covid-19-related capital pressure, the rating agency says.

Jeff Kuntz, 02 September 2020
CBC snaps up JLT and Miller pair

The independent broker expands into healthcare and specialty with the hires.

Rachel Dalton, 02 September 2020
ICT estimates Texas Laura insured losses at $150mn

Louisiana will account for the brunt of insured losses from the Category 4 hurricane, which made landfall last month.

Lucy Jones, 02 September 2020
August marks fifth consecutive month of growth for the Insider 50

The index grew by 1.2 % over August as Floridian carriers and total return reinsurers lead.

Khilan Shah, 02 September 2020
QBE

The Australian carrier probably had little choice but to take a hard line over CEO Pat Regan’s communications misstep

Laura Board, 02 September 2020
Zurich forms digital unit and makes UK CEO Naidu Asia chief

The Swiss carrier hires the Ping An Technology CEO as chief information and digital officer as the tech push triggers a regional CEO shake-up.

Samuel Casey, 02 September 2020
Gallagher Re targets ‘rightful place’ at top table

CEO Swallow says the rebranded Capsicum unit will use rivals’ mergers to push for market share.

Rachel Dalton, 01 September 2020
Lockton Capital Markets hires Ghosh as president

Ghosh will work closely with CEO Ken Pierce to develop the two-year-old platform.

Lucy Jones, 01 September 2020
Four legacy acquirers in final bid stage for Neon run-off

Start-up acquirer Marco, Enstar, Riverstone and Premia are still in the running for the assets.

Adam McNestrie, 01 September 2020

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