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Q1 earnings preview: Are we there yet?

An early look suggests a mixed bag for carriers, as an extended pricing cycle competes with loss cost inflation and cat activity.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, 17 April 2023
Ascot cargo chief McGill resigns as marine displacement continues

The next destination of the underwriter is not known and comes following a change in Ascot’s leadership.

Samuel Casey, 18 April 2023
Marsh launches multi-line facility Fast Track

The new facility will provide coverage for all major lines, except motor, and is backed by several A-rated Lloyd’s insurers.

Aisling Finn, 18 April 2023
London Market Group supports MPs' call for regulatory scrutiny

A group of Conservative MPs has launched the Regulatory Reform Group to push the agenda.

Samuel Casey, 18 April 2023
Pro MGA Global Solutions and Nirvana announce partnership

Nirvana launched as an MGA earlier this year, following a management buyout from Castel Underwriting Agencies.

Aisling Finn, 18 April 2023
Cat bond momentum has short-term impetus, if not a structural shift

There are enough drivers supporting the trend for cat bond segment growth that ILS managers are likely to be plugging this business heavily in the short term, even if it is less attractive in fee yield.

Liz Bury, 17 April 2023
Political risk coverage soars amid ‘sea change’ among insureds’ perceptions: WTW

The number of global firms surveyed in WTW’s report that purchased political risk cover surged to 68% in 2022 from 25% in 2019, as the Ukraine war changed the geopolitical outlook.

Abbie Day, 18 April 2023
Generali calls for female auditor nomination to comply with Italian laws

The carrier has extended the deadline for nominations to the statutory auditors board.

Samuel Casey, 18 April 2023
Biba cancels CBI membership after sexual misconduct allegations: report

The CBI has faced a string of allegations, which caused its CEO Tony Danker to quit last week.

Samuel Casey, 18 April 2023
NZIA exits: A bump in the net-zero road or sign of a dead end?

Shock departures from the Net Zero Insurance Alliance have cast a shadow over the group’s long-term future, as a number of high-profile carriers review developments and consider their ongoing membership.

Marcel Le Gouais, 18 April 2023

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