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Fidelis MGU promotes Fortune to CUO in Bermuda

Ben Fortune joined Fidelis in 2015 as an underwriter, later becoming head of international reinsurance in 2020.

Ayesha Venkataraman, 01 March 2023
Ed specialty executive director Clarkson exits after Ardonagh Specialty restructure

The marine expert worked for Ed for five years, after a career working with Marsh, Miller and Aon.

Samuel Casey, 01 March 2023
P&I claims volatility is ‘the world we live in now’: American Club’s Ioannou

The executive said the low claims of 2022 and the large losses of 2021 were anomalous.

Samuel Casey, 01 March 2023
Howden acquires Germany’s Franz Gossler Insurance Group

The transaction has been executed by Howden Germany’s specialty broker Howden Caninenberg.

Ayesha Venkataraman, 01 March 2023
Canopius appoints Mutton to lead Australian trading office

David Mutton joins from Axa XL, where he held the position of senior casualty underwriter for Australia.

Abbie Day, 01 March 2023
Argo reports 21.9-point drop in CoR to 100.5%, takes another US reserve charge

The firm’s US unit recorded $36.6mn of net unfavorable development in Q4 2022, compared with a $121.6mn charge in Q4 2021.

Jairo Ibarra, 01 March 2023
Probitas Syndicate 1492 reports 2022 profit up 15% at £30.1mn

The syndicate also booked a combined ratio for the year of 78.6%.

Rachel Dalton, 01 March 2023
Putting Conduit's 'underwriting profit' under the microscope

Reclassifying expenses as underwriting or corporate costs for different reporting metrics is set to get more complex under IFRS17.

Fiona Robertson, 01 March 2023
James River is open to bolstering balance sheet after casualty re exit: CEO

Despite the suspension of the casualty reinsurance business, CFO Sarah Doran told analysts that she expects the company’s total gross premium to grow in 2023.

Kyoung-son Song, 28 February 2023
MS&AD considering overseas closures to boost profits: report

Group CEO Noriyuki Hara told NikkeiAsia the company was targeting groupwide adjusted ROE of 10% by 2025.

Samuel Casey, 28 February 2023

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