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Natural disasters in 2022 cost Australian economy A$5bn
The government will look to mitigate against future disasters rather than subsidise insurance.
Rachel Dalton
,
13 January 2023
Spiegel sells off £1.9mn in R&Q shares to fund tax bill
The executive chairman has sold around half of his holding back to the company.
Rachel Dalton
,
13 January 2023
The Week in 90 Seconds: Marine squeeze; The 1.1 aftermath; Beazley and Trium on the record
Plus the latest people moves and all the top news of the week.
Rachel Dalton
,
13 January 2023
Everest pulls paper from Miami fac MGA Brickell Underwriting
It is understood that the Miami-based underwriter will continue operating with capacity from Bermudian carrier PartnerRe and Mexican reinsurer Patria Re.
Jairo Ibarra
,
12 January 2023
Convex names Bissett CFO as Meuli moves to CIO
Bissett will oversee Convex’s finance function in addition to the data and actuarial teams.
Abbie Day
,
12 January 2023
Aon and Marsh get PV facilities over the line despite Ukraine fallout
Under the terms of the renewal, the brokers made several concessions to underwriters, including making PV and SRCC risks prior submit, rather than automatic delegation.
Aisling Finn
,
12 January 2023
Berkshire Hathaway drops IAG shareholding deal
The ending of an exclusivity arrangement also allows Berkshire Hathaway to offer reinsurance to Australian rivals.
Rachel Dalton
,
12 January 2023
Arch enters Argo process as talks with Core Specialty, Enstar grind on
Enstar is conducting due diligence around taking on the rest of the Argo back book.
Adam McNestrie
,
12 January 2023
Howden Italy names Aon SpA’s Casini as CEO
Federico Casini spent 17 years at Aon, most recently as executive chairman.
Aisling Finn
,
12 January 2023
Antares promotes Hughes to head of reinsurance
The underwriter has a background in marine and energy reinsurance and has more than 17 years’ experience.
Samuel Casey
,
12 January 2023
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