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Lloyd’s Underwriting Room ground floor to close for two months amid upgrade plans
Ground floor boxes are set to be reallocated based on recent footfall.
Samuel Casey
,
22 March 2023
AIG streamlines leadership as Price exits
The group CUO role is being eliminated with the function pushed back into the regions and specialties.
Adam McNestrie
,
22 March 2023
FCA approval times improving but still below target
The regulator has faced criticism over its approval times and operations, and it has since invested in extra staff.
Samuel Casey
,
22 March 2023
Cat losses of $125bn in 2022 fourth-highest on record: Swiss Re
The reinsurer said cat reinsurance rates hit a 20-year high, driven by losses, inflation and financial markets.
Samuel Casey
,
22 March 2023
Ariel Re promotes 12 staff across London and Bermuda offices
The promotions cover a range of roles from underwriting and accounting to analytics and portfolio management.
Aisling Finn
,
22 March 2023
Insurance sector has ‘very limited’ exposure to bank AT1s: Berenberg
Analysts find carriers have few investments in bank debt after Credit Suisse rescue.
Rachel Dalton
,
22 March 2023
Nirvana adds Sompo’s Mannsdorfer to leadership team
Prior to joining Nirvana, Thomas Mannsdorfer led the European specialty underwriting team at Sompo International.
Aisling Finn
,
22 March 2023
Lloyd’s joins with City firms in bid to boost UK’s global financial role
The Corporation’s sustainability director Rebekah Clements will sit on the scheme’s steering committee.
Rachel Dalton
,
22 March 2023
NorthStandard merger adds scale to thrive through P&I volatility
The executives said the P&I market needs to be “very careful” about underwriting conditions.
Samuel Casey
,
22 March 2023
Ballantyne Brokers lands management buy-out from K2 Insurance Services
The 2020 Lloyd’s start-up is now 100% employee owned.
Rachel Dalton
,
22 March 2023
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