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The Week in 90 Seconds

Significant rate growth continues to elude reinsurers, while PartnerRe hunts for a new home.

Rachel Dalton, 07 February 2020
McGill hires AIG alumna Barlow for financial lines role

The recruit was the US carrier’s head of UK claims and international financial lines claims.

Rachel Dalton, 07 February 2020
Storm Damien approaches Western Australia

A region engaged in iron ore and liquefied natural gas extraction faces a potential Category 4 landfall.

Rachel Dalton, 07 February 2020
HDI buys cyber start-up Perseus

Berlin-based firm was incubated by Hannover Re.

Rachel Dalton, 07 February 2020
Convex writes $250mn in low-key 1.1

The business was pitched to investors as a $4.5bn top-line business by 2025.

Adam McNestrie, 07 February 2020
Early pricing data: U-shaped pricing set to continue

No early indication that reinsurance pricing is catching up with insurance rate acceleration.

Catrin Shi, 07 February 2020
Aon’s Christian becomes Lloyd’s deputy chairman

Lloyd’s has appointed the veteran broker with immediate effect.

John Hewitt Jones, 07 February 2020
Argo agrees to sell Trident Public Risk for $37mn

Paragon insurance will acquire the business, which will continue to write on Argo paper.

John Hewitt Jones, 07 February 2020
Starr opens Madrid office to write commercial lines

Former QBE executive Juan Carro Arbelo will be insurance regional manager for Iberia.

Anna Sagar, 06 February 2020
BGC seeks to ‘better express’ insurance unit’s value

Insurance brokerage revenues rose 186 percent to $43mn in the fourth quarter, its listed parent says.

Samuel Casey, 06 February 2020

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