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Aviva H1 adjusted operating profit up 8% to £715mn

The carrier’s GI unit reported a combined ratio of 94.8% for the first six months of the year.

Rachel Dalton, 16 August 2023
Superscript adds Barclay from Marsh as CCO, Joslyn named CTO

Chris Barclay and Tim Joslyn are joining to drive the InsurTech’s growth and operational capabilities.

Aisling Finn, 16 August 2023
IGI Q2 CoR falls 1.4 points to 73.5% as higher earned premiums offset increased net losses

The Q2 underwriting improvement was also driven by a higher favorable reserve development of $15.5mn compared with $5.5mn a year earlier.

Jairo Ibarra, 15 August 2023
Insured losses from Hawaiian wildfires estimated at $3.2bn: KCC

The latest estimates peg the fires as the second largest loss event in the state’s history, second only to Hurricane Iniki in 1992.

Shelby Rosenberg, 15 August 2023
Demex Group secures cash injection for secondary perils platform

Demex said its RCR Re platform enables cedants to buy reinsurance for secondary peril risks that aggregate over time.

Jai Singh, 15 August 2023
Sura sells Salvadorean unit to Central American insurer Ficohsa for $43.7mn

The deal comes after this publication revealed that Sura’s sale of its Salvadorean unit had drawn the interest of regional carriers Ficohsa and ASSA.

Jairo Ibarra, 15 August 2023
Axis bolsters marine cargo team with Argenta’s Reynolds

The underwriter will join the company following the departure of underwriters David Axtell and Ryan Godfrey.

Samuel Casey, 15 August 2023
AGCS names Argentieri London hull head after Nathvani departure

AGCS confirmed that hull underwriter Ashley Hammond is staying with the business.

Samuel Casey, 15 August 2023
Asset freeze ‘will destroy our business’: Vesttoo court memo

The firm’s interim CEO Ami Barlev has argued that, with Vesttoo’s weekly expenses being $360,000, freezing assets above $1m would be “catastrophic for the company”.

Liz Bury, 15 August 2023
Hive adds Inigo’s Langran to aviation war team

David Langran joins from Inigo, where he served as head of aviation war since April 2022.

Aisling Finn, 15 August 2023

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