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The Week in 90 Seconds: Howden Tiger talent raids; Fidelis IPO; Lloyd’s top performers

Plus all the top stories and latest people moves of the week.

Samuel Casey, 14 April 2023
The Hartford pegs Q1 cat losses at $185mn from winter storms, tornados

The Connecticut-based insurer said $138mn in cat losses stemmed from its commercial lines segment, while $47mn came from personal lines.

Jairo Ibarra, 13 April 2023
CSU predicts ‘slightly below average’ 2023 hurricane season

Colorado State University anticipates a “near-average” probability for major hurricanes – Category 3, 4, and 5 – making landfall along the continental US coastline and in the Caribbean.

Kyoung-son Song, 13 April 2023
Nexus bidders include US MGA platforms ISC and NSM

Details of the bids are being closely guarded, but sources said they expected a valuation of $400mn or above if a deal is consummated.

Adam McNestrie, 13 April 2023
Allied World UK and Europe D&O chief Svean resigns

The underwriter is a long-standing Allied World employee, having worked at the insurer for over 20 years.

Samuel Casey, 13 April 2023
Lloyd’s joins British Insurance Brokers’ Association

Biba and Lloyd’s are hosting events in Birmingham and Manchester to support the partnership.

Aisling Finn, 13 April 2023
Aviation reinsurance market hardening led to tricky renewals: Gallagher

The broker’s Plane Talking report highlighted the excess hull war and liability market as a key area of hardening within the aviation market, as capacity has been restricted and reinsurers take harder lines.

Aisling Finn, 13 April 2023
Apollo confirms launch of innovation-focused ICX Consortium

Apollo plans to deploy meaningful lead capacity through the consortium which will be led by Syndicate 1971, as revealed by Insurance Insider.

Marcel Le Gouais, 13 April 2023
Meridian Risk Solutions takes Gallagher’s Buitendag for cargo

The move is the latest indication of talent turmoil in the marine cargo class.

Samuel Casey, 13 April 2023
QBE Re takes Aeolus' Richardson as head of Bermuda underwriting

The underwriter will work on developing the Bermuda platform and strengthening the global property proposition.

Samuel Casey, 13 April 2023

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