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Lloyd’s syndicate results: Assessing the cohort of ‘low cost’ start-ups

Lloyd’s has begun to move away from more ‘traditional’ syndicate launches, with a number of recent start-ups aiming to minimise expenses in order to return profits.

Ben Wylie, 24 April 2023
Aviva, ABI and Zurich quit CBI amid sexual misconduct allegations

The trade body is in crisis following a string of misconduct allegations, including alleged rape.

Samuel Casey, 21 April 2023
Croom-Johnson takes non-exec role at Munich Re Syndicate

The market veteran left Aegis London, where he was CEO from 2015, in June last year.

Rachel Dalton, 21 April 2023
AIG and Liberty Mutual named in latest aviation lawsuit

Rise Aviation has named the two insurers as the representatives for its all-risk and hull-war reinsurance policies, respectively.

Aisling Finn, 21 April 2023
Global Aerospace and Tokio Marine named in $220mn aviation lawsuit

Lessor WWTAI is also pursuing the claim via clause AVN67B, naming the Russian insurers of the airlines in possession of its aircraft.

Aisling Finn, 21 April 2023
Does Travelers’ pricing and underlying trends suggest a strong showing for other commercials?

Travelers posts strong results boosted by better pricing, personal lines performance, and favorable development.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, 20 April 2023
Former HSCM exec von Herberstein gains seed funding for cyber broker Spectra

Spectra has in-principle approval for a Bermuda broker license but believes cyber ILS solutions will be a game of “slow progress”.

Fiona Robertson, 21 April 2023
Canada’s largest mutual Beneva joins Net-Zero Insurance Alliance

Beneva has signed up to net-zero targets as a member of the NZIA, following a period of turbulence in which Munich Re, Zurich and Hannover Re have left the alliance.

Marcel Le Gouais, 21 April 2023
On-chain InsurTech Nayms closes private token sale

Founded in 2019, the InsurTech is the first to hold both the full Digital Asset Business Act license and Innovative Insurer General Business license from Bermudian regulators.

Aisling Finn, 21 April 2023
QBE takes Beazley’s Davis as global head of cyber

The underwriter will be based in southern California and lead global strategy in cyber for the insurer.

Samuel Casey, 21 April 2023

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