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Instanda and MGAM launch UK government-backed PI scheme
The scheme, which will run for five years, provides professional indemnity insurance for firms undertaking assessments of external wall systems on mid- and high-rise residential buildings.
Aisling Finn
,
29 November 2022
Insurance can offer $2bn of disaster relief capacity for $30bn funding gap: Howden
David Howden said insurance protection made the global north more able to respond to catastrophes.
Samuel Casey
,
29 November 2022
Corvus hires Axa XL’s Duplock as underwriting manager
The cyber specialist joins a company in growth mode, with acquisitions and new offices in London and Europe.
Samuel Casey
,
29 November 2022
Loss-hit downstream market set to resume rate rises after mid-year blip
Rates began falling at the mid-year but loss activity has changed the mindset of underwriters.
Samuel Casey
,
29 November 2022
Suncorp Group appoints Yao as reinsurance manager of group RI strategy
Yao previously served as senior capital and reinsurance specialist at Suncorp’s Sydney office since joining the company in 2019.
Kyoung-son Song
,
28 November 2022
CVC completes sale of French broker April Group to KKR
News that the private equity house was preparing to bring the broker to market was revealed by Insurance Insider in June.
Samuel Casey
,
28 November 2022
North latest P&I club to signal rate rises amid global turbulence
Rate rises were anticipated by brokers amid inflation and investment market volatility.
Samuel Casey
,
28 November 2022
Contingency specialist EC3 Brokers set to be wound down
The BP Marsh-backed intermediary was valued at just £440,000 in January this year.
Rachel Dalton
,
28 November 2022
Langley: City Corporation can amplify the London market’s voice
The Gallagher UK chair has been nominated as an Aldermanic Sheriff for 2023, which involves closer work with the Lord Mayor on trade and investment matters.
Catrin Shi
,
28 November 2022
Lloyd’s stamp capacity: Beazley’s aggregate capacity grows 39% to £5.1bn
The London Market carrier has reported a 2023 stamp of £3.8bn for Syndicate 2623, its largest Lloyd’s vehicle.
Ben Wylie
,
28 November 2022
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