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Regulator fines KPMG for Quindell audit

The auditor and audit engagement partner admitted misconduct.

Laura Board, 12 June 2018
Acrisure recruits Malloy as specialty president

The former Marsh president will build a division which the broker bolstered through the acquisition of the UK's Beach.

Bernard Goyder, 12 June 2018
KCC pegs Texas hailstorm losses at $1bn

The cat loss modeller says 20,000 residential buildings were damaged.

Rachel Dalton, 12 June 2018
AI to close underwriting knowledge gap: Munich Re’s Rear

The carrier’s strategy is to build a global digital wholesale insurance platform, according to a speech at InsiderTech London last week.

Bernard Goyder, 12 June 2018
US construction market remains soft despite record cat losses

Rates ranged from flat to up 5 percent at the June renewals

Laura Sanicola, 12 June 2018
Swiss Re grows sidecar retro cover for 2018

The reinsurer has raised $530.5mn of Sector Re debt since December.

Fiona Robertson, 12 June 2018
Slow second quarter for Florida cat bond market

Only two Florida-specific bonds hit the market in the period.

Sofia Geraghty, 12 June 2018
Worst-performing syndicates face the axe as Lloyd’s talks tough

The Corporation has warned syndicates to address unprofitable business or face closure.

Rachel Dalton, 12 June 2018
Insurers are more trusted with customer data than almost any other institution

New is the most powerful word in the English language – just ask anyone in your marketing department.

Mark Geoghegan, 12 June 2018
Market supports vision of smaller, more profitable Lloyd’s

The Corporation must take action on underwriting discipline to protect the franchise.

Adam McNestrie, 12 June 2018

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