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BMS construction head Maloney leaves
Philip Maloney joined in 2016 to lead the company’s construction unit.
Anna Sagar
,
10 December 2019
London Market Roundtable 2019
London must find a technological solution that will unite the market and bring it up to date.
Insurance Insider team
,
10 December 2019
This is not so much a sudden burst as a slow deflation of the MGA bubble
It’s the countdown to Christmas and for the many in the (re)insurance market, that means the focus is on the January renewals.
Catrin Shi
,
10 December 2019
Argo sets 8 January record date for determining proxy vote eligibility
A proposal for a special meeting from activist fund Voce Capital requires the backing of at least 10 percent of Argo shareholders.
Bernard Goyder
,
10 December 2019
Lloyd’s sells £300mn of debt to finance Blueprint One
The Corporation avoids an increase in market levies to pay for the transformation programme.
Anna Sagar
,
10 December 2019
PG&E takes extra $4.9bn charge from wildfire claims settlement
The utility’s fire-related charges now total more than $25bn, according to a news report.
Bernard Goyder
,
10 December 2019
US commercial price growth doubles in Q3 from year earlier: Clips
Carriers report claims cost inflation of less than 1 percent for 2019 to date, down from just under 3 percent for 2018.
Laura Board
,
09 December 2019
BMS reshuffles US reinsurance leadership
Pete Chandler takes over from Steve Korducki as CEO of the division.
Bernard Goyder
,
09 December 2019
Duck Creek Technologies garners $120mn investment
The funding is understood to give Apax a small partial exit from its three-year-old majority shareholding.
Anna Sagar
,
09 December 2019
Brillante Virtuoso insurers to get further £4mn from Piraeus Bank
The High Court’s award for additional costs comes two months after it dismissed the lender’s claim against the carriers.
Anna Sagar
,
09 December 2019
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