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TMK Syndicate 510 posts combined ratio of 90.6% as profits slip
TMK Syndicate 510’s profits fell by 31% in 2022, a decline it attributed to £55.86mn in unrealised losses from investments.
Aisling Finn
,
31 March 2023
Munich Re withdraws from Net-Zero Insurance Alliance citing ‘antitrust risks’
Industry climate alliances have received allegations from conservative politicians and regulators in the US that such commitments are illegal group activities that violate antitrust laws.
Kyoung-son Song
,
31 March 2023
MS Amlin Syndicate 2001 marks turnaround with 2022 CoR of 99.9%
The results show 2022 was the first year in which MS Amlin Syndicate 2001 has reported an underwriting profit since 2015.
Ayesha Venkataraman
,
31 March 2023
Axa XL Syndicate 2003 maintains sub-100% CoR for 2022 despite heavy losses
The syndicate booked a comprehensive loss of £103.7mn for the year as its underwriting profit fell by 90%.
Rachel Dalton
,
31 March 2023
Aon makes Finlay UK MGA leader within ReSolutions as Rayner departs
Finlay joined Aon last year from Guy Carpenter.
Rachel Dalton
,
31 March 2023
Chubb promotes Chasseguet to country president for France
Benoit Chasseguet will be succeeding Veronique Brionne following her decision to leave the company.
Abbie Day
,
31 March 2023
Cyber attacks, data loss and cyber extortion top D&O concerns: WTW
WTW’s survey cites regulatory risk, health and safety precautions and bribery and corruption on the list of top D&O risks.
Abbie Day
,
31 March 2023
Allianz names Park as global head of retro
Sang Hun Park previously spent nine years at Allianz before joining Munich Re as a senior origination manager in August 2021.
Aisling Finn
,
31 March 2023
Everest exits contingency in London but remains active in US
The decision was motivated by some overlap in business transacted between the US and London operations.
Samuel Casey
,
31 March 2023
Spiegel to replace retiring R&Q CEO Quilter as Hayman joins as chairman
Jeffrey Hayman has been nominated as non-executive chairman.
Abbie Day
,
31 March 2023
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