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Marine specialist Skuld posts nine-month technical result of $13.4mn

The Norwegian marine insurer said that rates on the mutual book needed to rise to counter inflation.

Samuel Casey, 16 December 2022
Aviva adds Ascent’s Stops to cyber team

Caspar Stops will be responsible for growing Aviva’s cyber proposition and building relationships with London Market brokers.

Aisling Finn, 16 December 2022
Argo’s board members appointed after Capital Returns nominees withdrawn

Activist investor Capital Returns had nominated Ron Bobman and David Michelson, but withdrew the nominations on Monday.

Samuel Casey, 16 December 2022
The Week in 90 Seconds: Fraught renewals; D&I struggles; Blueprint Two

If you only read a handful of stories this week, make it the selection here.

Aisling Finn, 16 December 2022
Axis strikes LPT deal with RiverStone for PL, liability insurance portfolios

The transaction covers net reserves for losses and loss expenses of approximately $400mn and provides ground-up cover to a policy limit of $605mn.

Jairo Ibarra, 15 December 2022
WTW takes Zurich France CEO Tondu-Mélique to lead French operation

WTW has been on a hiring spree in the wake of the failed Aon merger, and said France was one of its “most important” markets.

Samuel Casey, 15 December 2022
AdvantageGo’s Summers outlines vendor collaboration plan for Blueprint Two

Ian Summers has set out AdvantageGo’s plans to manage clients’ eco-systems of technology suppliers on their behalf, and to collaborate with competitors on the Blueprint Two programme.

Marcel Le Gouais, 15 December 2022
January renewals judder ahead but wordings scramble adds complexity

The European cat market is hardening faster than expected but the process is being delayed by ongoing negotiations over retro protection and varying lists of reinsurer demands to improve terms.

Rachel Dalton, 15 December 2022
Parametrix expands in US with extra reinsurance capacity

The extended coverage was brokered by Howden and saw several Lloyd’s carriers join or renew their coverage.

Aisling Finn, 15 December 2022
WTW lures cargo broker Edwards back after short spell at Miller

The broker has been re-stocking its talent base following staff departures linked to the failed Aon merger.

Samuel Casey, 15 December 2022

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