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Dial barely shifts on female numbers in Lloyd’s managing agency C-suite

The number of female CEOs, CUOs, CFOs, MDs or board members has hardly changed in the past 12 months.

Rachel Dalton, 02 November 2023
Hamilton Insurance IPO lines up for lift-off: Specialty Trick or Treat

Investors must weigh a differentiated investment strategy and true specialty opportunity against partial third-party investment control and historical losses.

Amit Kumar, Maria Lamberton, Husain Rupawala, 27 October 2023
RenRe books 60.7-point improvement in Q3 CoR and slashes top line by 27.1%

The Bermudian also disclosed that it raised $16.3mn of third-party capital in Medici during the quarter.

Kyoung-son Song, 01 November 2023
Axis books Q3 CoR of 92.7% and 11.6% top-line growth amid specialty pivot

The 11.6-point CoR improvement was driven by smaller catastrophe losses, which totaled $42mn for the quarter, compared to $212mn a year ago.

Kyoung-son Song, 01 November 2023
WTW snares Marsh UK&I placement chief Delchar

The broking executive had a key role in the launch of Marsh’s Fast Track facility.

Rachel Dalton, 01 November 2023
RenaissanceRe closes $3bn takeover of Validus Re

The deal was announced in late May, with RenRe taking over AIG’s treaty business, including AlphaCat Managers, and all renewal rights to Talbot’s reinsurance treaty unit.

Jairo Ibarra, 01 November 2023
Randall seeking to raise capital to break up Accredited-Onex deal

The R&Q share price has plummeted since the sale of the ~$1.8bn-premium fronting arm was announced 10 days ago.

Adam McNestrie, 01 November 2023
Climate change poses risk to insurance availability in Caribbean: Moody’s RMS

Up-to-date building codes could reduce the amount insurers pay in the Caribbean by 18%, according to the risk modeller.

Jai Singh, 01 November 2023
TL sector faces potential $400mn loss from Amazon-South Carolina tax dispute

Sources said that CAC Specialty brokered the policy, which is placed across the US and London markets.

Catrin Shi, 01 November 2023
Insured losses from Hurricane Otis could reach $6bn: Verisk

Verisk said the majority of the insured losses can be attributed to wind damage.

Aisling Finn, 01 November 2023

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