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Energy product leader Welsh exits MS Amlin

Energy underwriter Tim Welsh has held a string of increasingly senior positions at the carrier since 1994.

Samuel Casey, 15 March 2023
‘Systematic change’ needed in tort reforms for market equilibrium: Zywave panel

While panelists agreed that tort reform is needed, they also noted that it couldn’t be achieved by force from the insurance industry alone.

Kyoung-son Song, 15 March 2023
Budget: Chancellor highlights action on regulatory reforms, LSE

In the Spring Budget, chancellor Jeremy Hunt said he would also look to help the AI sector prosper in the next decade.

Marcel Le Gouais, 15 March 2023
Women in leadership roles reaches 32% across Lloyd’s market

The Corporation reported that ethnic-minority representation increased to 11% across the entire workforce.

Aisling Finn, 15 March 2023
Ex-TMR CEO Hoshina fundraising for Bermuda reinsurer/MGA Fathom

City of London grandee Martin Gilbert is attached to the project in a non-executive capacity, sources said.

Liz Bury, 15 March 2023
US government action minimised D&O claims from SVB collapse: AM Best

D&O underwriters, as well as financial institution insurers supporting startups and venture capitalists, could have faced “financial distress” without government intervention.

Aisling Finn, 15 March 2023
Perils puts industry loss estimate for New Zealand floods at $1bn

The flooding resulted in the costliest weather event for New Zealand’s insurance industry to date.

Aisling Finn, 15 March 2023
Talanx doubles Q4 industrial lines profit as it books EUR367mn Ukraine loss

The parent company of Hannover Re and HDI exceeded its large loss budget for 2022, reporting losses of EUR2.2bn.

Aisling Finn, 15 March 2023
Lloyd’s 2022 underwriting results set to beat peers for second year running

The combined ratio reported by Lloyd’s for 2022 would put it in the top half of Insurance Insider’s peer group, analysis of preliminary results shows.

Ben Wylie, 15 March 2023
S&P’s latest consultation on capital model update pushed to Q2

S&P plans to publish a capital model prototype with its revised proposals for ratings methodologies, in its latest move to seek market feedback.

Ayesha Venkataraman, 14 March 2023

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