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Clear Group acquires MGA One Commercial Specialty

The deal marks Clear’s second commercial MGA deal after it acquired a 50% stake in Thomond Underwriting Limited earlier this month.

Aisling Finn, 14 July 2023
Marine hull market ‘benign’ but large losses could tip balance: Gallagher

The broker said that rates were largely flat thanks to insurer appetite and competition.

Samuel Casey, 14 July 2023
NBS acquires independent underwriting agency Capital Markets Underwriting

The move is part of NBS's goal to double its size within the next five years through organic growth and acquisitions.

Abbie Day, 14 July 2023
Ardonagh lands LSM exec Stephenson for placement role

The business development and market relationships head will join the Ron Hayes-led unit, focusing on specialty.

Rachel Dalton, 14 July 2023
Beazley takes AGCS’s Nathvani to lead marine hull and war after Young exit

Staffing turmoil is ongoing in the marine market as companies vie to secure talent.

Samuel Casey, 14 July 2023
The Week in 90 Seconds: Neal at Lloyd's; Selling Probitas; Axa XL decision time

Plus all the latest executive moves and the top news from the week.

Abbie Day, 14 July 2023
Revisiting Axa’s attempts to get rid of its third wheel

Axa’s lack of success in selling its more volatile XL Re segment has led the insurer to cut back on those lines, but the current rate environment makes this a good time to revisit a sale.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, 13 July 2023
Ark hires SiriusPoint global A&H head Liddell to launch new account

The company announced on Wednesday that Liddell’s deputy Thomas Leonardo would succeed him as global head of A&H, with immediate effect.

Adam McNestrie, 13 July 2023
Financial Acquisition Corp SPAC extends merger deadline

The company has pivoted its original plans for a reverse acquisition and is targeting becoming a listed Lloyd’s vehicle, with £130mn redeemed as it extended its deal-making deadline.

Samuel Casey, 13 July 2023
Compre has appointed Daniel Fiehn as group COO

He will be responsible for driving the use of technology and data across the business.

Abbie Day, 13 July 2023

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