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PRA launches consultation on UK insurers' climate risk management

The proposals consist of supervisory expectations rather than rules.

Rebecca Perkins, 01 May 2025
Daily Digest: Top news from 1 May

A roundup of all the news you need, including TMHCCI’s new CEO.

Insurance Insider team, 01 May 2025
Search for new Lloyd’s CEO my ‘first priority’: Roxburgh

The new Lloyd’s chair has issued a commencement letter on his first day.

Abbie Day, 01 May 2025
Accredited makes Kearns UK CUO

The programme insurer has made a series of hires.

Rachel Dalton, 01 May 2025
Cyber MGA Coalition launching operations in Sweden and Denmark

The Nordic operations have capacity provided by Allianz Commercial.

Clark Mindock, 01 May 2025
Underwriting experience will ‘differentiate’ next CEO candidate: Carnegie-Brown

Lloyd’s chair Bruce Carnegie-Brown officially hands over to Charles Roxburgh today.

Rebecca Perkins, 01 May 2025
Hiscox Q1 premiums up 2.4% to more than $1.5bn

The carrier reported a 3% price reduction across London market business.

Rachel Dalton, 01 May 2025
Lancashire Q1 insurance revenue up 8.7% to $458.9mn

The carrier estimated its California wildfire loss at $145mn-$165mn.

Abbie Day, 01 May 2025
Everest Q1 CoR up 14 points to 102.7% as reinsurance unit hit by wildfires

The quarter’s performance was also affected by the Washington, DC aviation disaster.

Kyoung-son Song, 30 April 2025
Axis Q1 CoR decreases 1 point to 90.2% despite higher cat losses

The Bermudian reported net pre-tax cat losses of $49mn, with $32mn attributable to the California wildfires.

Jairo Ibarra, 30 April 2025

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