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African Risk Capacity appoints Gallagher Re as broker and adviser

Gallagher Re is now lead and sole broker for ARC, the Caribbean Catastrophe Risk Insurance Facility SPC (CCRIF SPC) and the Pacific Catastrophe Risk Insurance Company (PCRIC).

Liz Bury, 13 April 2023
AIG takes BHSI’s UK president Colahan to lead Asia Pacific

He replaces Steven Barnett, who is leaving to pursue opportunities outside the company.

Samuel Casey, 13 April 2023
Swiss Re chairman Ermotti re-elected at AGM

It was announced last month that Ermotti will step down after the AGM and a short handover period.

Aisling Finn, 13 April 2023
Miller reports revenues of £200mn in second year as independent broker

Miller has reported revenues of over £200mn as it marks the two-year anniversary as an independent broker.

Aisling Finn, 13 April 2023
Opinion: The challenge of creating a cyber war market

Details on Beazley’s cyber war product are yet to come to light, but there are questions outstanding on event definition, wordings and whether the market will follow.

Catrin Shi, 13 April 2023
DTW Syndicate 1991 issues £128mn cash call for 2018-2020 after legacy wrap-up

The syndicate made a cash call of 69.4% of capacity for the 2018 year of account, a further 9.5% cash call for the 2019 YoA and a 25.5% cash call for the 2020 YoA loss.

Aisling Finn, 12 April 2023
Howden Tiger lures Foord-Kelcey and Aon London cyber re team

The latest round of hires marks a continuation of the broker’s expansive and rapid talent acquisition.

Abbie Day, 12 April 2023
Third Point’s Loeb considers taking SiriusPoint private to pursue turnaround

Shares, which have long underperformed, were trading up 13% following the regulatory announcement.

Samuel Casey, 12 April 2023
Corvus to launch excess tech E&O and cyber product with Core Specialty

The new programme marks Core Specialty’s first offering in the tech E&O and cyber market and offers up to $5mn of coverage.

Aisling Finn, 12 April 2023
Six of largest Lloyd’s managing agents fail to adopt fossil fuel restrictions: report

The NGO called out “climate laggards” for “tarnish[ing] the reputation of Lloyd’s and all other Lloyd’s insurers”.

Abbie Day, 12 April 2023

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