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Digests
Daily Digest: Top news from 4 November
A roundup of all the news you need today, including Lloyd’s chief of markets Patrick Tiernan’s return to work this week.
Insurance Insider
,
04 November 2024
London market
Aon Underwriting Managers makes Clapham CUO
The executive has worked for LSM and Brit.
Rachel Dalton
,
04 November 2024
London market
Brit reports 3.8% drop in GWP and CoR of 94.2%
The results were disclosed in parent company Fairfax’s quarterly earnings.
Abbie Day
,
04 November 2024
Reinsurance
HDI Global SE appoints Windirsch as head of international programmes
She will succeed Dirk Höring, who has been promoted to the HDI Global SE executive board.
Abbie Day
,
04 November 2024
London market
The London riposte to the Greenberg critique
London market carriers may be getting competitive, but that is not in itself a bad thing.
Fiona Robertson
,
04 November 2024
Reinsurers
Perils pegs Central Europe and Italy flood losses at EUR1.9bn
The firm is also integrating changes to its process to allow it to cover wider ground.
Abbie Day
,
04 November 2024
London market
Tiernan to return to work following medical absence
The chief of markets began sick leave in late August.
Rachel Dalton
,
04 November 2024
Re/insurers
Berkshire reinsurance Q3 underwriting result plummets on Nico settlement
The conglomerate expects pre-tax losses from Hurricane Milton of between $1.3bn-$1.5bn in Q4.
Jairo Ibarra
,
02 November 2024
Commercial lines
Chubb forecasts Q4 after-tax net Milton losses of $208mn-$250mn
The commercial carrier also reported a Hurricane Milton pre-tax net loss forecast of $250mn-$300mn.
Jairo Ibarra
,
02 November 2024
Brokers
AJ Gallagher nears deal to acquire THB Chile from Amwins
Sources said the brokers are in the final stages and could seal a deal in the next couple of weeks.
Jairo Ibarra
,
01 November 2024
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