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Capacity influx would not soften cyber market: Gallagher Re
Capital markets are "likely to become a key ingredient of a healthier and sustainable (re)insurance market".
Abbie Day
,
31 May 2023
AM Best upgrades Convex to A financial strength rating
The rating agency upgraded Convex following it reporting its first underwriting profit for 2022.
Aisling Finn
,
31 May 2023
HCI ups 2023-2024 reinsurance program by $210mn to $2.4bn limit
The carrier is obligated to use the RAP program and upped its ceded premiums.
Thorsten Schier
,
31 May 2023
Mactavish points to ‘alarming’ litigation trends as claims reaching UK courts double
The claims resolution company said policyholders are more likely to have to sue to secure payouts.
Samuel Casey
,
31 May 2023
TSR predicts below-normal hurricane season for 2023
The forecaster is predicting 13 named storms, six hurricanes of which two are expected to be Category 3 or above.
Aisling Finn
,
31 May 2023
UK P&I Club reduces combined ratio to 104%
The Club posted an investment loss of 3.8%, as fixed income assets were hit.
Samuel Casey
,
31 May 2023
NorthStandard posts 95% 2022/23 combined ratio and eyes specialty growth
The carrier is looking to boost specialty income to around 40% of overall premium.
Samuel Casey
,
31 May 2023
Chaucer names Accenture's Pearce as independent non-executive director
Andrew Pearce joins following a 16-year tenure at the consulting firm.
Abbie Day
,
31 May 2023
QBE Re CUO Wilkins exits after 23 years with carrier
QBE Re said it was investing in the business with the creation of three new roles.
Samuel Casey
,
31 May 2023
Stubbings confirms move to McGill and Partners
Before joining McGill, Stubbings spent nearly five years at Aon as the CEO of its Global ReSpecialty unit.
Aisling Finn
,
31 May 2023
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