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Behind the Headlines: Navium Marine's Clive Washbourn on why MGAs are the fighter jets of insurance
How do you build a $400mn MGA? Navium Marine CEO Clive Washbourn told Behind the Headlines that his business is a "fighter jet" out hunting for deals. Navium has built scale by taking on risk "in a fairly aggressive way" with large line sizes available to deploy. Whilst the marine market is now coming under pressure, Washbourn still thinks there is "robustness" in rating, although making money in the volatile Red Sea war market is challenging.
25 October 2024
Five key takeaways from Q2 earnings: Kicking the reserving can down the road
The industry posted another strong quarter, but casualty reserves remain problematic.
Amit Kumar
,
15 August 2024
London market
Non-financial misconduct reports rise at London market firms: FCA
Bullying and sexual harassment were the most commonly reported incidents.
Rachel Dalton
,
25 October 2024
Ratings agencies flag US casualty concerns as they diverge on market outlooks
Fitch, S&P and Moody’s have highlighted the potential for deterioration in US casualty lines to impact the outlook for the reinsurance sector.
Rebecca Perkins
,
08 September 2024
Digests
Daily Digest: Top news from 13 March
A roundup of all the news you need, including Hannover Re’s Q4 2024 results.
Insurance Insider
,
13 March 2025
The casualty conundrum: Seven questions that should shape our perspective
Legal trends, the primary pricing micro-cycle and other factors all play into an opaque outlook.
Adam McNestrie
,
11 September 2024
Gain from cyber war exclusion debate was not worth the pain
Many have argued war exclusions have detracted from discussions of systemic risk in the cyber market.
Abbie Day
,
16 July 2024
Reinsurers
Munich Re Q3 P&C result drops 42% to EUR375mn
Major-loss expenditure doubled to EUR1.6bn for the quarter
Rachel Dalton
,
07 November 2024
Lack of PE/venture capital interest prevents ‘Class of 2023’: AM Best
Availability of ILS has so far fulfilled investor demand.
Rachel Dalton
,
09 July 2024
Insider On Air
In Partnership With
MSIG USA
Global Infrastructure Boom Fuels Demand for Political Risk and Credit Insurance
Dan Riordan, Head of Political Risk at MSIG, discusses the rising demand for political risk and credit insurance due to global infrastructure growth across the U.S., Europe, and emerging markets.
28 October 2024
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