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Ark posts 87% combined ratio for first nine months of 2023
The combined ratio included 11 points of catastrophe losses, largely arising from Hurricane Idalia and the Maui wildfires.
Aisling Finn
,
06 November 2023
Ecclesiastical takes Aviva's Wright as UK property underwriting director
He replaces Paul Messer, who moves to a group role.
Abbie Day
,
02 May 2024
Axa XL hull head Hughes to depart for Agile’s London start-up
The marine expert has worked for Axa XL and Catlin for most of his career.
Samuel Casey
,
23 May 2024
Political, tech and cat risks remain the hotspots in a fragmenting world
Insurance competition remains vibrant in some of the segments that remain most exposed to persistent risks highlighted by the flagship World Economic Forum report.
Fiona Robertson
,
11 January 2024
London market
Nex Group founder Spencer takes 8% stake in Helios
Spencer founded ICAP, later known as Nex Group, in 1986.
Rachel Dalton
,
23 September 2024
Stable Japanese cat renewal expected; casualty enters the frame
Mutual Zenkyoren is expected to reduce its purchase this year.
Rachel Dalton
,
29 February 2024
Average annual insured cat losses hit $151bn: Verisk
Urban expansion, climate change and inflation are key drivers of losses.
Rachel Dalton
,
03 September 2024
Brit GWP falls 6.5% to $1.04bn in Q2 with CoR of 92.7%
The results were disclosed in parent company Fairfax’s quarterly earnings.
Samuel Casey
,
02 August 2024
General liability rates could climb as third-party litigation funding grows outside of US
The funding practice has led to a dramatic increase in claims amount, which in turn pushes up rates.
Abbie Day
,
03 May 2024
RiverStone to acquire GE captive as part of global expansion plans
The vehicle will give the legacy carrier a US platform.
Aisling Finn
,
08 May 2024
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