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BMS seals £1.75bn buy-in deal with PE firm Eurazeo

The French firm saw off competition from Nordic Capital and Permira.

Adam McNestrie, 23 December 2022
Axa XL Syndicate 2003 maintains sub-100% CoR for 2022 despite heavy losses

The syndicate booked a comprehensive loss of £103.7mn for the year as its underwriting profit fell by 90%.

Rachel Dalton, 31 March 2023
Talanx doubles Q4 industrial lines profit as it books EUR367mn Ukraine loss

The parent company of Hannover Re and HDI exceeded its large loss budget for 2022, reporting losses of EUR2.2bn.

Aisling Finn, 15 March 2023
Opinion: It’s time for insurance to shout from the rooftops on apprenticeships

Many bright young people are increasingly disillusioned with the university pathway and seeking alternative career routes.

Samuel Casey, 31 August 2022
Markel learned ‘hard’ IP lessons as it records $25mn Vesttoo charge

A credit loss owing to a fraudulent letter of credit from Vestto added 1 point to the combined ratio in Q3, insurance president Jeremy Noble told analysts during a conference call.

Thorsten Schier, 02 November 2023
National Hurricane Center downgrades Ian to tropical storm

Georgia, Virginia and the Carolinas have declared a state of emergency as the storm moves north.

Rachel Dalton, 29 September 2022
QBE updates family-leave policy, increases employee benefits

The firm’s family-leave policy now allows UK employees to receive 26 weeks at normal basic salary for both paternity and maternity leave and up to 52 weeks of parental leave.

Abbie Day, 23 January 2023
Insurers must improve cat planning using lessons from 2022 floods: ICA

The scale of the Cat 221 flood event, as well as labour and materials shortages, contributed to its impact, the ICA said.

Rachel Dalton, 31 October 2023
Ukraine premiums soar and losses loom in uncertain marine war picture

The market fears that stranded vessels could result in claims, while coverage to enter the Black Sea is scarce and expensive.

Samuel Casey, 08 March 2022
Michael Meacock passes away at 85 after five-decade active underwriter stint

The veteran underwriter died surrounded by his family while on holiday in Antigua.

Samuel Casey, 21 February 2023

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