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AIG Q4 GI CoR improves to 89.9% led by commercial lines performance

North America commercial lines CoR for the quarter improved 10.4 points to 84.4%.

Kyoung-son Song, 15 February 2023
Suncorp highlights lower second-event NZ retention after Gabrielle damage

As New Zealand has been hit by two major cat events in succession, Australian carrier Suncorp said the retained cost of any second declared event in the country will be NZ$25mn ($15.7mn).

Fiona Robertson, 15 February 2023
Washbourn’s Navium takes marine market by storm with $300mn 2022 GWP

The income figure makes the MGA amongst the largest marine underwriters in London in its first full year of underwriting.

Samuel Casey, 15 February 2023
The Hartford names Hiscox’s Bardrick head of distribution for Syndicate 1221

Jack Bardrick will manage broker partnerships, facilitate new business opportunities and develop growth initiatives.

Samuel Casey, 15 February 2023
Tysers terminates license agreements in Argentina and Chile

It is understood that Tysers’ Latin America head Hugh Powell, who is also a shareholder in the South American operation, has left the UK brokerage.

Jairo Ibarra, 15 February 2023
Axis commits to halving scope one and two greenhouse gas emissions globally

The decision is the carrier’s latest step in its ambition to transition to a low-carbon economy.

Ayesha Venkataraman, 15 February 2023
Howden adopts Whitespace for North American property

The broker is looking to embrace forms of data integration ahead of the Blueprint Two reforms at Lloyd’s.

Marcel Le Gouais, 15 February 2023
Catalina founder Dwonczyk set to retire in spring

Dean Dwonczyk established Catalina in 2005 with former UK CEO Chris Fagan, who exited the business in February 2021.

Aisling Finn, 15 February 2023
Brit renews $100mn cyber facility and targets 50% growth for 2023

Increased appetite to grow in the cyber market is moderating rate momentum after a period of major hardening.

Samuel Casey, 15 February 2023
Thousands displaced after Cyclone Gabrielle strikes New Zealand

More than 140,000 homes are without power, while buildings and roads have been destroyed.

Rachel Dalton, 15 February 2023

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