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Inclusion@Lloyd’s partner networks’ collective membership grows by 12% in 2022

Inclusion@Lloyd’s partner network initiative aims to support existing networks that are tied to a specific D&I need.

Ayesha Venkataraman, 13 March 2023
AIG board member Jurgensen retires after 10-year tenure

The announcement follows the appointment of Diana Murphy and Vanessa Wittman as independent directors, which will be effective on March 16.

Kyoung-son Song, 13 March 2023
Japanese reinsurance buyers faced with 25%+ increases as hard conditions continue into 1.4

Sources pointed to increased pressure to lift minimum rates on line above 2.5% on upper layers of wind programmes.

Rachel Dalton, 13 March 2023
McGill recruits Morgan, Duignan and Budd to financial lines team

Paul Morgan, Breda Duignan and Abel Budd are set to join the financial lines team as partners.

Abbie Day, 13 March 2023
Liberty Specialty Markets hires Reiz as French insurance general manager

Olivier Reiz joins from Chubb, where he was strategic growth director for Continental Europe.

Rachel Dalton, 13 March 2023
Stirling convenes group to address excess mortality, seeks industry partners

The Insurance Collaboration to Save Lives is seeking life insurers to join an effort to deploy proactive health screening to reduce excess mortality.

Adam McNestrie, 13 March 2023
CEA targets $8.1bn of reinsurance in 2023, down 14% on last year

The amount of limit purchased by the California Earthquake Authority has stepped down over the past couple of years.

Liz Bury, 13 March 2023
Life insurers’ exposure to Silicon Valley Bank minimal: AM Best

AM Best’s data shows that only eight life insurers have bond exposure to SVB greater than 2% of their capital and surplus.

Abbie Day, 13 March 2023
Analysis: Lloyd’s highlights ‘critical’ attritional loss ratio the market must maintain

Lloyd’s has drawn attention to an improved attritional loss ratio in 2022, warning the market that it would be “very difficult to get back” if it slips.

Marcel Le Gouais, 13 March 2023
Coalition enters UK excess cyber market with Allianz and Lloyd’s backing

The MGA will offer a £10mn excess line, as well as access to its attack monitoring technology.

Samuel Casey, 13 March 2023

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