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ICA declares ‘significant event’ following Tropical Cyclone Jasper

The ICA has activated its preliminary extreme weather processes to assist in assessing the impact of the flood event.

Abbie Day, 18 December 2023
Specialty MGA UK appoints Navarro as LatAm SVP

The incoming SVP will be responsible for growing the MGA’s energy and engineering books in Latin America and the Caribbean.

Aisling Finn, 18 December 2023
CVC acquires majority stake in Dale after deal approved

CVC funds will invest into Dale to support business growth, which will result in CVC acquiring a majority stake in the business, the companies said.

Abbie Day, 18 December 2023
Opinion: Tomlin appeal win is not a sign of a broken system at Lloyd’s

Lloyd’s may be wary of making disciplinary hearings more public, but it could at least make processes more transparent.

Fiona Robertson, 18 December 2023
Lloyd’s secures One Lime Street until 2035: Report

The agreement gives the Corporation the option to stay until 2040.

Abbie Day, 18 December 2023
Global Indemnity suspends Penn-America sale: Limited read-across for E&S M&A

The suspension of Global Indemnity’s effort to sell its E&S arm is likely specific to the franchise rather than an indicator of a dealmaking slowdown.

Amit Kumar, Maria Lamberton, Husain Rupawala, 11 December 2023
PCS expands Global Terror Index to include SRCC

Highlighting regions where the demand for SRCC products is increasing, stakeholders can tailor offerings more effectively, the PCS said.

Abbie Day, 15 December 2023
Munich Re 2024 nat-cat budget likely to be in line with 2023

CFO Christoph Jurecka said losses for 2023 were in line with its expectations, but he added that the events producing the losses differed from those of years previous.

Jai Singh, 15 December 2023
Ark to add new PVT team with hires from Talbot, Chaucer

The carrier has hired Ed Atkin, Piers Harding and George Wallace from Talbot and Callum Bennett from Chaucer to run the new book.

Aisling Finn, 15 December 2023
Lloyd’s fund to offer US mid-market direct lending opportunities

The fund will be the second private asset product to be launched on the Lloyd’s investment platform after the private impact fund.

Abbie Day, 15 December 2023

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