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Everest expects 1.6 returns from property reinsurance to be better than 1.1: COO

Returns from April 1 and May 1 were at or exceeded the return levels of January 1 renewals.

Kyoung-son Song, 02 May 2023
Aviva property, global corporate and specialty head Corrigan exits for BHSI

The move is the latest in a series of several personnel exits from Aviva’s commercial lines operations.

Samuel Casey, 02 May 2023
PRA to publish annual report on advancing competitiveness

The UK Prudential Regulation Authority plans to publish an annual report showing how it has implemented a statutory duty to enable economic growth and the financial sector’s competitiveness.

Marcel Le Gouais, 02 May 2023
Convex and Lancashire named in two new aviation lawsuits

Montgomery Aviation and Rise Aviation Limited, along with EOS Aviation, have launched fresh legal battles against Convex and Lancashire.

Aisling Finn, 02 May 2023
BHSI appoints Cerase and Yadvendu as Europe and Middle East heads

The pair have spent a quarter of a century working in the insurance sector.

Rachel Dalton, 02 May 2023
Ecclesiastical Insurance takes Aviva’s Lewis as UK underwriting director

Marc Lewis has worked as CUO of commercial lines at Aviva for the past two years.

Samuel Casey, 02 May 2023
BMS expansion continues with Australian MGA Gard Insurance acquisition

The deal is the expansive broker’s first MGA acquisition in the country.

Samuel Casey, 02 May 2023
D&O price decreases accelerate to 24.9% in first quarter: Aon

The scale of reductions is increasing as the class of business experiences its fourth consecutive quarter of rate falls.

Samuel Casey, 02 May 2023
Everest Q1 pre-tax cat losses narrow to $110mn on limited US exposure

Most of the losses were sustained by the reinsurance segment, which reported $108mn in pre-tax cat losses, compared with $110mn in the prior year period.

Kyoung-son Song, 02 May 2023
Wefox branches out affinity business globally to drive distribution

The fast-growing InsurTech has made headlines for its mega funding rounds in recent years.

Samuel Casey, 02 May 2023

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