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Hurricane Ian will add strain to hardening (re)insurance market: Swiss Re

Swiss Re said a loss-heavy 2022 adds to a continuation of elevated cat losses that started in 2017, after a benign period from 2012 to 2016.

Kyoung-son Song, 08 December 2022
Miller lures Gallagher’s Floyd to join terrorism team

James Floyd joins from Gallagher, where he was a director on its crisis management team.

Aisling Finn, 08 December 2022
Early 2022 Florida legislation was ‘slightly positive’ but more help is needed: AM Best

The session, which will take place from December 12 to 16, will need to consider how to make Florida attractive to national insurers and reinsurers.

Farhin Lilywala, 08 December 2022
Appeals granted in Stonegate and Greggs Covid BI cases

The pub group and bakery chain will dispute elements of judgements issued in October in UK Covid-related BI lawsuits.

Rachel Dalton, 08 December 2022
SiriusPoint makes RSA’s Gibbs CEO of international wing

Former CEO Monica Cramér Manhem is to retire after 38 years with the business and its predecessor.

Rachel Dalton, 08 December 2022
Chubb promotes O’Brien to head of cargo for CGM

Alex O’Brien succeeds David Kirk, who retained his cargo product head responsibilities following his promotion to head of marine in July.

Aisling Finn, 08 December 2022
Wood to replace Smith as Hampden Group CEO

Hampden Agencies chair Sarah Wilton will also be replaced by Lord Strathclyde at the end of the year.

Rachel Dalton, 08 December 2022
Biba names Aon COO Kielty as deputy chair to replace Hancock

The broker has been on Biba’s board since 2020, when she became chair of the standards committee.

Samuel Casey, 08 December 2022
D&O rate reductions of 40% available in some sectors: Gallagher

The broker said a dearth of IPOs had created a “buoyant environment”, with both start-ups and incumbents competing.

Samuel Casey, 08 December 2022
Beazley’s Smart Tracker Syndicate 5623 granted full Lloyd’s approval

Will Roscoe, who has managed the Smart Tracker since 2019, has been named active underwriter.

Aisling Finn, 08 December 2022

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