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The Week in 90 Seconds: LMC, Ardonagh rebalancing, Rethinking (re)insurance
Plus all the latest executive moves and the top news of the week.
Abbie Day
,
24 November 2023
Insured losses from flooding in Hauts-de-France estimated at EUR550mn: CCR
According to the reinsurer at least EUR275mn will be covered directly by CCR under public reinsurance.
Abbie Day
,
23 November 2023
Lloyd’s launches consultation on its three-year roadmap for insuring the transition
The roadmap sets out planned oversight processes and regulatory expectations on climate-related risk management, capital and reserving as well as transition planning.
Ayesha Venkataraman
,
23 November 2023
In Partnership With
Live from LMC 2023: Colville Wood, Cognizant
The chief technology officer for UK, Ireland and EMEA for Cognizant Insurance discusses generative AI and its potential impact on the insurance industry.
Meg Green
,
23 November 2023
Tower reinsurance recoveries rise to $124mn after NZ cyclones, flooding
The carrier’s combined ratio deteriorated by 10.9 points to 101%.
Rachel Dalton
,
23 November 2023
‘Abundant’ energy capacity suggests high loss activity seen as blip: WTW
The broker said it anticipated new entrants in the downstream class following a profitable 2023.
Samuel Casey
,
23 November 2023
‘Collective action’ needed to attract diverse talent: LMC panel
London Market Group CEO Caroline Wagstaff said more firms outside of the Top Three broking businesses had to engage in the process.
Ayesha Venkataraman
,
23 November 2023
'Risk is being reassessed’ amid rising geopolitical tensions and nat cat activity: ICA’s Hall
The CEO also commented on how the ICA and the Australian government can work together to tackle the protection gap.
Aisling Finn
,
23 November 2023
MGAs top investor interest in insurance sector: IAP
UK and Europe head Pathak said MGAs offer strong cash generation and low volatility.
Rachel Dalton
,
23 November 2023
Beat Capital promotes Cunningham to active underwriter of Syndicates 4242 and 1416
Cunningham will be taking on the role from Tom Milligan, who has been active underwriter since 2018.
Abbie Day
,
23 November 2023
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