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Scor cuts Covéa’s holding in company and sells on shares to BNP Paribas Cardif

The transaction was a partial exercise of an agreement signed by the companies in June 2021.

Samuel Casey, 05 October 2023
Aviva takes PERse’s Goddard to underwrite offshore wind

The carrier launched its offshore wind proposition at the beginning of the year.

Samuel Casey, 05 October 2023
Aviation market remains disjointed amid Russian settlements

Rate changes across the aviation all-risk and war markets remain wildly divergent during the key Q4 renewal period, sources told this publication.

Aisling Finn, 05 October 2023
Darag inks deal with undisclosed Benelux captive

Darag’s German outfit completed the transaction to assume expired long-term liability insurance policies from the undisclosed captive.

Aisling Finn, 04 October 2023
LMA releases new Blueprint Two playbook for managing agents

The playbook provides managing agents with a “view of what, when and how action should be undertaken” when implementing Blueprint Two.

Aisling Finn, 04 October 2023
DLG moves to set up vote on commercial sale after regulator approval

The carrier has received approval from the UK Financial Conduct Authority for the £550mn sale.

Abbie Day, 04 October 2023
Resilience increases underwriting capacity to £10mn in cyber

The MGA has promoted Rehan Hussain to head of underwriting for international and Tom Ryan to head of cyber for UK, Ireland and the Nordics to guide the expansion

Abbie Day, 04 October 2023
Swiss Re warns insurers over severe global recession or stagflation threat

The reinsurer said carriers could face challenges around underwriting profits and solvency levels.

Rachel Dalton, 04 October 2023
Everest continues London cargo hiring with CNA Hardy’s McCarthy

The marine build in London is part of the carrier’s primary insurance expansion strategy.

Samuel Casey, 04 October 2023
Lloyd’s stresses need for regular confirmation of valid letters of credit

The Corporation made the comments as part of revised guidance on Tier 2 capital limits.

Samuel Casey, 04 October 2023

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