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Michael Meacock passes away at 85 after five-decade active underwriter stint

The veteran underwriter died surrounded by his family while on holiday in Antigua.

Samuel Casey, 21 February 2023
Odyssey CEO adds broader Fairfax role, London market CEO handed reinsurance job

Carl Overy will become CEO of Odyssey’s global reinsurance business, as Brian Young takes on broader Fairfax responsibilities.

Aisling Finn, 21 February 2023
InsurTech Socotra doubles down on European expansion following year of growth

The insurance technology provider is expanding across the UK, DACH and France, after it reported a 71% increase in revenue in 2022.

Aisling Finn, 21 February 2023
NorthStandard launch creates $800mn premium P&I powerhouse

S&P Global has confirmed an enhanced A rating with a stable outlook for the business.

Samuel Casey, 21 February 2023
Gallagher Re appoints McManus and Kapfer in boost to Bermuda presence

The appointments aim to provide clients with a product-agnostic view on accessing capital in a capacity-constrained market.

Liz Bury, 21 February 2023
Conditions are right for cyber ILS to take flight: Lockton Re

Structures have been developed that would avoid “excessive capital trapping”.

Liz Bury, 21 February 2023
Brookfield Underwriting acquired by Swedish broker Säkra

Brookfield will continue to operate under its own brand, and CEO Leonard Münz will still lead the business, as part of the transaction.

Aisling Finn, 21 February 2023
Firms will have ‘very good sense’ of regulatory changes this year: PRA’s Woods

The GWP threshold for companies governed under proposed new frameworks is set to triple.

Samuel Casey, 21 February 2023
Perils puts February European windstorms at EUR3.85bn in final estimate

The loss estimate rose from a previous figure of EUR3.7bn issued six months ago.

Samuel Casey, 21 February 2023
Opinion: London cyber market peers over the pricing precipice

New supply is entering the market after a remediation phase, but waning demand for London capacity is set to create pressure on pricing.

Catrin Shi, 21 February 2023

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