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Talanx predicts EUR1.25bn nine-month profit and raises 2023 net income forecast

The company highlighted strong primary insurance performance, raising its 2023 forecast to over EUR1.5bn.

Samuel Casey, 24 October 2023
Three dynamics to watch at Baden-Baden

With new leadership at some of the largest continentals, there will be close attention to how their tactics in changing lines of business will evolve.

Rachel Dalton, 24 October 2023
RenRe’s Dalton: Validus combination will bring European firepower

The Bermudian’s global property CUO and European chief says it is ready to expand if conditions remain favourable.

Rachel Dalton, 24 October 2023
Vesttoo says creditors’ move for early termination ‘disrupts its ability’ to restructure

Earlier today, in a bid to accelerate liquidation, the company’s unsecured creditors requested early termination of the exclusivity period granted Vesttoo to develop a reorganization plan.

Jairo Ibarra, 23 October 2023
Vesttoo’s unsecured creditors seek early termination of court procedure, fast liquidation

Doing so would save “at least $8.5mn in cash” based on the firm’s monthly operational expenditures, according to a recent motion.

Kyoung-son Song, 23 October 2023
Marsh UK names Thurston risk management client CEO and Mistry finpro CEO

Hema Mistry returns to the UK to run the finpro division, following a stint at the broker in San Francisco.

Samuel Casey, 23 October 2023
Active underwriter Johnson exits MIC Syndicate 5183

The departure follows the recent resignations of CUO Paige Stiefel, head of claims Lyric Lewis, and actuary Alizee Graf.

Abbie Day, 23 October 2023
Lockton appoints Parle as head of intellectual property risk

Parle joins Lockton from Icen Risk, where he led a transactional IP risk team.

Abbie Day, 23 October 2023
R&Q shares down 52% at close as Accredited sale details show further legacy losses expected

R&Q expects ongoing operating losses after the sale as transitions its legacy business to a fee-based model.

Aisling Finn, 23 October 2023
Opinion: R&Q – Spiegel should stay put until the job is done

Halfway through a complex restructuring is not the time for a CEO (and CFO) change.

Adam McNestrie, 23 October 2023

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