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Inigo posts $28.7mn pre-tax profit and 94.4% CoR for 2022

The start-up carrier also secured a ~20% uplift in GWP planned for 2023, taking it to $1.2bn, after resubmitting its Lloyd’s business plan.

Rachel Dalton, 14 March 2023
SVB collapse unlikely to have material impact on insurers: Inside P&C Research

Following the collapse of SVB, and subsequently Signature Bank, sister publication Inside P&C analysed the exposure of several major insurance firms.

Aisling Finn, 14 March 2023
Allianz’s Townsend sees consolidation as advantage in war for talent

Chris Townsend said streamlining the AGCS business would allow it to attract recruits and open progression opportunities.

Abbie Day, 14 March 2023
Class-action lawsuits begin to flow against Silicon Valley Bank following collapse

Costs of defending and settling lawsuits are likely to fall on the bank’s D&O insurers.

Samuel Casey, 14 March 2023
Lloyd’s appoints James COO as CEO Neal hails Blueprint Two progress

Market transformation director Bob James has been given a broader remit as COO at Lloyd’s, while deputy CFO Alex Cliff has joined the executive committee.

Marcel Le Gouais, 14 March 2023
PRA building tools to test financial system’s resilience to climate risks

The regulator has set out priorities for monitoring climate risks for the financial system and how it will address climate-related gaps in the regulatory regime.

Marcel Le Gouais, 14 March 2023
Consilium expands delegated authority team with two key hires

Toby Gorman joins the expansive broker from Arrow Risk Management, while Matt Taylor joins from Chesterfield.

Aisling Finn, 14 March 2023
AGCS takes AIG’s Browne as global head of specialty

Gordon Browne will head up lines including marine, aviation and energy, representing 30% of AGCS premium.

Samuel Casey, 14 March 2023
Opinion: Will the London cyber market avoid a D&O-style pricing collapse?

The market has undergone substantial multi-year hardening after a surge of painful loss activity.

Samuel Casey, 14 March 2023
Generali posts EUR2.7bn profit for 2022 and 93.2% P&C combined ratio

The results improved despite a larger impact of nat cats compared with last year.

Samuel Casey, 14 March 2023

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