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Atrium may leave 2021 year of account open for aviation uncertainty

Hampden wrote that the syndicate may be leaving the 2021 year of account open “depending on developments over the next 12 months”.

Aisling Finn, 06 April 2023
International broker Nasco exploring a sale

The family-owned broker is potentially looking for a strategic acquirer, sources said.

Adam McNestrie, 06 April 2023
Allianz will not renew participation in Nord Stream 1 insurance

The carrier made the statement following a news report which said it was renewing the policy.

Samuel Casey, 06 April 2023
Scientists develop scale for atmospheric rivers following California floods

The newly developed scale will run from AR-1 to AR-5, with AR-5 being the most intense, to mirror measurements of hurricane events.

Aisling Finn, 06 April 2023
Apollo to create facility for autonomous vehicle tech

The facility would largely involve Lloyd’s companies but Apollo confirmed it could potentially include London company market firms on a reinsurance or sidecar basis.

Marcel Le Gouais, 06 April 2023
FCA to introduce new financial resilience reporting impacting brokers and MGAs

The authority will be investing £12.7mn to implement regulatory reforms that will see it focus on economic growth as a secondary objective.

Abbie Day, 05 April 2023
US insurance leaders urge US, China to stabilise relations in face of Taiwan visit

Their remarks follow a slump in diplomatic relations between the two countries over the island nation.

Jairo Ibarra, 05 April 2023
Marine cyber MGA Astaara boosts cyber insurance limit to $25mn

It has increased its limit based on market demand and feedback from customer base across the port and shipping sectors.

Ayesha Venkataraman, 05 April 2023
Gallagher Re hires Zanelli for capital markets role

Bart Zanelli will work within Gallagher Securities, specialising in capital raising and M&A.

Samuel Casey, 05 April 2023
Acrisure expansion continues with Unilink Group in central and eastern Europe

Unilink is the largest broker in the region, with 1,300 staff providing a range of life and non-life products.

Samuel Casey, 05 April 2023

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