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D&O claims to rise as misconduct investigations tick up 36% in past year: RPC
D&O insurers have long warned that economic conditions could push up insolvencies and associated claims.
Samuel Casey
,
15 May 2023
PPL to decommission Ebix platform at end of 2023
PPL has avoided having to renew with Ebix Europe again for 2024 – a move that would have cost the placement platform around £8mn-£10mn.
Marcel Le Gouais
,
15 May 2023
Gallagher Re names Kerton as UK CEO
Kerton steps into the role vacated by Tom Wakefield, who is set to become global CEO of Gallagher Re in the coming weeks.
Aisling Finn
,
15 May 2023
Axa XL GWP and other revenues up 1.5% at EUR6bn over Q1
The carrier reported group revenue of EUR31.8n, 2.1% higher than in the prior-year quarter.
Abbie Day
,
15 May 2023
Postcard from Biba: New distribution methods, cyber anxiety, regulation
Interest in distribution mechanisms such as facilities are seeing something of a resurgence in the regional SME market.
Rachel Dalton
,
15 May 2023
Berkshire Hathaway offers $1bn line on Florida Citizens reinsurance program
Citizens’ board is slated to meet on May 16 at 13:30 ET to discuss the reinsurance and risk transfer program.
Farhin Lilywala
,
12 May 2023
Scor remains cautious on Florida: Conoscente
The global P&C CEO said the carrier will deploy roughly the same capacity in the state as last year.
Rachel Dalton
,
12 May 2023
Lilley Plummer adds broking trio to expanding marine team
The broker has hired Tom Summers and Tyler Walsh from Marsh and Adam Carr from Howden.
Samuel Casey
,
12 May 2023
Axa XL promotes Potter to global underwriting manager for general liability
The underwriter has worked at various Axa entities for 13 years, holding a string of increasingly senior positions.
Samuel Casey
,
12 May 2023
Third Point’s Loeb pulls SiriusPoint buyout over valuation disagreement
Loeb revealed his intention to take SiriusPoint private last month, saying that it would better position the company to execute its turnaround strategy.
Jairo Ibarra
,
12 May 2023
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