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Australian FI business moves to London after misconduct investigation
The Australian Royal Commission into financial services misconduct has led to withdrawal of local capacity
Catrin Shi
,
26 February 2019
UK ILS regime should target esoteric risk: Pool Re CEO
Julian Enoizi, who was instrumental in bringing the £75mn Baltic Re terrorism cat bond to market, said using ILS for an exotic risk was “a long journey”.
Lucy Jones
,
26 February 2019
AssuredPartners deal shows PE’s broker appetite still strong
A recent private equity acquisition valued the broker at around 15x Ebitda.
Christie Smythe
,
26 February 2019
Investment volatility to hit P&I club reserves
Combined profits held level at $4.9bn across 2017/18 despite a five-point worsening in the mutuals’ aggregated combined ratio.
John Hewitt Jones
,
26 February 2019
Cyber risk spilling over into tech E&O market: Betterley
A lawsuit by Affinity Gaming against security firm Trustwave is raising awareness of the risk, according to a report.
Christie Smythe
,
26 February 2019
US construction market adjusts to change in appetite
Brokers are pushing for a 5-10 percent rate increase on standard renewals.
Laura Sanicola
,
26 February 2019
Latin America braces for upcoming renewal
Adverse development and a withdrawal of capacity are expected to lead to increased pricing for loss-affected Latin American accounts.
Christopher Munro
,
26 February 2019
Salvation for London carriers stems from remedial work rather than cat losses
A creeping sense of optimism stems from specialty lines
Laura Board
,
26 February 2019
Catlin and Brand target 1.4 launch with $3bn in sight
Canadian private equity fund Onex has signed up as a cornerstone financial investor with a $750mn commitment.
Adam McNestrie
,
26 February 2019
Gittings joins board of DXC Technology joint venture XIS
Ex-LMA chief executive becomes non-exec at Xchanging entity after retirement from trade body.
Bernard Goyder
,
26 February 2019
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