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Arch promotes Hutton and Poulteney to lead onshore and offshore energy

The pair will be responsible for managing underwriting activity across their respective lines.

Aisling Finn, 04 May 2023
Tokio Marine HCC restructures London marine, energy and renewables team

Ben Kinder, the recently appointed CUO of marine, energy and renewables, will lead the consolidated team.

Aisling Finn, 04 May 2023
InsurTech funding up 37% in Q1 despite slump in ‘mega deals’: Gallagher Re

Mega-round funding accounted for the smallest percentage of total funding since Q1 2020, according to Gallagher Re’s latest Global InsurTech Report.

Aisling Finn, 04 May 2023
Hiscox ups premiums 4.1% in Q1 as Re & ILS rates surge 41% in ‘seismic shift’

The carrier hailed positive rating momentum in both the London market and the Re & ILS division.

Samuel Casey, 04 May 2023
Inside Howden: Targeting world domination – Part 2

The group’s recent gear shift on growth has elevated the group’s risk profile across areas including M&A, financing, integration and liquidity.

Adam McNestrie, 04 May 2023
Swiss Re returns to profit with Q1 result of $643mn

The carrier’s P&C re and CorSo units benefited from price increases at 1 April, as well as the receding impact of Ukraine.

Rachel Dalton, 04 May 2023
SiriusPoint appoints former Hiscox CEO Masojada to board

Following the departure of Gretchen Hayes and the appointment of Masojada, SiriusPoint board will consist of nine directors, six of whom are independent.

Jairo Ibarra, 03 May 2023
SiriusPoint Q1 CoR improves 19.9 points to 73.8% on reinsurance reserve releases

The Bermudian disclosed that its board has established a special committee of independent directors to review any acquisition proposal by Dan Loeb.

Jairo Ibarra, 03 May 2023
Chubb paid $567mn for 22% Huatai stake, expects $800mn disbursement upon closing

In early January, the company completed the transactions to increase its position in Huatai to 64.2% from 47.3%.

Jairo Ibarra, 03 May 2023
RenRe’s O’Donnell: Mid-year renewals ‘looking a lot like 1.1’

The CEO said the reinsurer has already written some private deals ahead of the June 1 deadline and expects to continue a pivot away from E&S in favour of property cat reinsurance.

Rachel Dalton, 03 May 2023

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