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Sudan listed as high-risk area for marine underwriters by Joint War Committee

Marine war underwriters charge additional premiums for ships sailing in listed areas.

Samuel Casey, 27 April 2023
QBE Re promotes Jamie Cook to chief partnership officer

Cook will be responsible for building more effective customer and broker relationships and managing strategic partnerships with retrocessionaires.

Abbie Day, 27 April 2023
Lancashire appoints Joseph as NED following Fraser’s departure

Simon Fraser stepped down from Lancashire’s board after nine years of service.

Aisling Finn, 27 April 2023
Perils ups 2022 Australia flood-loss estimate to A$907mn

The loss figure has been updated from the previous estimate of A$840mn, released six weeks after the event.

Aisling Finn, 27 April 2023
Opinion: Marine talent churn points to London market’s wider challenge

A prolonged soft market spell up to 2018 has created a ‘generation gap’ in the class, sparking competition for top practitioners.

Samuel Casey, 27 April 2023
Lancashire reports highest-ever Q1 GWP at $586mn

The carrier recorded an unrealised investment gain of 1.5% compared with a loss of 2.3% in the same quarter last year.

Aisling Finn, 27 April 2023
Axis Q1 GWP down 9.6% following property cat and aviation reinsurance exits

The decrease was also driven by non-renewals of some marine business in Q1 as well as declines in some specialty lines including liability, and accident and health.

Jairo Ibarra, 26 April 2023
Arch Capital Q1 CoR increases 1.9 points to 80.6% driven by higher loss ratio

The company also reported top-line growth of 25.8%, with gross premiums written during the quarter totaling $4.8bn.

Kyoung-son Song, 26 April 2023
Cyber ILS market ‘like 1997’ as groundwork laid for deal growth: Millette

In a discussion at Trading Risk’s London ILS 2023 conference, panellists compared the current cyber ILS market to the cat market in the 1990s.

Abbie Day, 26 April 2023
Axa XL promotes Rodriguez Sanz to lead cyber in APAC and Europe

The underwriter has over a decade of cyber experience and has worked at Axa XL since 2020.

Samuel Casey, 26 April 2023

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