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Markel's Bailey returns to CFC as cyber underwriting leader

Scott Bailey previously spent 12 years at CFC managing the technology and media division.

Ayesha Venkataraman, 09 February 2023
Lockton appoints James as head of facilities and binders

After 10 years at Chesterfield, Michael James will join the broker in its London property & casualty specialty division.

Abbie Day, 09 February 2023
Marsh McLennan appoints Chris Lay as CEO of its UK division

Lay will lead a new collaborative effort in the region to deliver innovative solutions and greater client impact.

Ayesha Venkataraman, 09 February 2023
Talanx boosts 2022 net income 16% to EUR1.17bn in target beat

The company reported a 17% jump in gross written premiums for the year in a pre-results announcement.

Samuel Casey, 09 February 2023
Swiss Re’s Mitchell to depart mid-year after 35 years

The head of property and specialty underwriting reinsurance posted on LinkedIn that he had brought forward his planned departure from the firm after 35 years.

Fiona Robertson, 09 February 2023
Zurich rejoins Farmers quota share after reinsurers cut back at 1.1

Of the 8.5% quota share assumed by Farmers Re, 6.75% was retroceded to Zurich Global.

Aisling Finn, 09 February 2023
Zurich’s P&C operating profit up 14% as combined ratio remains flat

The carrier benefited from favourable rate environments across all geographies, as well as lower catastrophe and weather-related claims.

Aisling Finn, 09 February 2023
‘Next Gen is a complete rewrite of the platform’ – PPL’s new CEO

With PPL just two weeks from launching its twice-delayed Next Gen placing platform, new CEO Joe Gordon has stressed the importance of a migration this year to a completely rebuilt system and its potential as a rich data hub for the market.

Marcel Le Gouais, 09 February 2023
Everest Re’s CoR falls 4.1 points, driven by $110mn cat loss reduction

The Bermudian reported $15mn in catastrophe losses for the quarter, down from $125mn in the same period last year.

Kyoung-son Song, 08 February 2023
Q4 results early view: Brokers and commercial carriers attempt synchronized swim

Broker and commercial carrier trends align on economic indicators but diverge on stock performance and 2023 consensus estimates.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, 01 February 2023

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