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Scale is important for Lloyd’s survival – but it’s not everything
After the closure of three Lloyd’s syndicates since the start of the month – Vibe 5678, Pioneer 1980, and Acappella 2014 – there are plenty of reasons to feel bearish about smaller Lloyd’s players.
Rachel Dalton
,
25 November 2019
International Group offers 5% rate rise as it switches to two-year deal
(Re)insurers give pricing a lukewarm reception, but placement proceeding smoothly.
Adam McNestrie
,
25 November 2019
Pure hires AIG’s Hourihan as chief growth officer
The executive joins the recently-acquired high net worth business at its headquarters in New York.
John Hewitt Jones
,
23 November 2019
Global Aerospace names Dobson as general counsel
Michael Dobson will take over from outgoing general counsel Stephen Walsh in early January.
John Hewitt Jones
,
23 November 2019
GuideOne hires Groenheide from HDI
The construction specialist has joined the mutual insurer in a specialty leadership role.
John Hewitt Jones
,
23 November 2019
CAC Specialty launches environmental liability group
Gregory Schilz, Grant Nichols and Brian Lu join the broker from Marsh JLT.
John Hewitt Jones
,
23 November 2019
Munich Re exposed to Chile riot claims through Suramericana treaty
Suramericana is facing at least $150mn in claims from civil unrest in Chile over the last six weeks, the company has confirmed.
Bernard Goyder
,
22 November 2019
Indonesia sets up $770mn cat insurance programme
The country's ministry of finance has agreed a deal with 56 insurers to insure public buildings against natural disasters.
Fiona Robertson
,
22 November 2019
Catco's 2019 cat losses erode 25% of portfolio value
The costliest event, Typhoon Hagibis, will generate a near-$60mn hit across two classes of shares.
Fiona Robertson
,
22 November 2019
DTW Syndicate 1991 inches closer to 2020 capital deal
The syndicate is finalising capital arrangements as the 29 November deadline nears.
Adam McNestrie
,
22 November 2019
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