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InsurTechs inch back from the abyss (for now)
Lemonade and Root both reported strong Q4 results, but will need to execute plans to near-perfection to turn things around.
Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
,
28 February 2023
Bermuda CEO and reinsurance CEO resign from Fidelis MGU
The senior exits come a matter of months after the business was created in a landmark transaction.
Samuel Casey
,
07 March 2023
Greenlight Re promotes Romer to CFO
Romer will succeed Neil Greenspan, who is leaving the reinsurer at the end of March.
Ayesha Venkataraman
,
07 March 2023
Arcadian and SiriusPoint extend partnership as MGA posts $290mn 2022 GWP
SiriusPoint said the deal would allow Arcadian to “significantly scale” its business.
Samuel Casey
,
07 March 2023
PRA needs staff, ‘mindset change’ to implement competitiveness objective
The regulatory reform will require the PRA to change the shape of what the directorate does, according to BoE’s Sam Woods.
Abbie Day
,
07 March 2023
Axis Re takes Canopius’s Gray to head marine reinsurance
The appointment comes following the departure of Stephen Haynes, who has joined Argenta.
Samuel Casey
,
07 March 2023
MS Reinsurance promotes Taleb to chief of staff
The appointment follows the business unit’s rebrand last year.
Samuel Casey
,
07 March 2023
Over NZ$1bn in claims expected for Auckland anniversary weekend flood event
According to the ICNZ, 48,000 claims have been lodged, with NZ$111mn of insurance claims paid so far.
Abbie Day
,
07 March 2023
Swiss Re secures $700mn in second multi-year stop-loss deal led by JP Morgan
The transaction builds on a $1.15bn first-of-its-kind hybrid bank and ILS capital deal in April last year.
Liz Bury
,
07 March 2023
Hiscox Re & ILS head of strategy and risk Fox departs
The ILS expert had joined as a portfolio manager in 2018 from Ontario Teachers’ Pension Plan.
Liz Bury
,
07 March 2023
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