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Lloyd’s grants Antares’ Bermudian unit coverholder status

The move comes after Antares Syndicate 1274 secured a 16% stamp capacity increase for 2023.

Rachel Dalton, 15 November 2022
Scor takes Chubb’s Bartolo to lead environmental impairment liability

The underwriter will be based in London and report to Marie Biggas and Daniel Carreras.

Samuel Casey, 15 November 2022
COP27: Initial indices launched for standardised climate risk metrics

A first look at a new tool to track regional climate risk data was launched by The Global Resilience Index Initiative – part of the Mark Carney-backed Insurance Development Forum.

Samuel Casey, 15 November 2022
Significant event declared in latest round of New South Wales floods

The central-west region of the state was struck by severe flooding over the weekend.

Samuel Casey, 15 November 2022
The Lloyd’s capital squeeze: Trade capital, FX, reinsurance

Syndicates will need to put up more capital for 2023 and will likely have to resubmit business plans after 1 January.

Adam McNestrie, 15 November 2022
COP27: G7 and V20 launch global cat scheme to support vulnerable countries

The geo-political groups have launched the Global Shield against Climate Risks, a scheme that will deploy financial support for vulnerable countries during cat events including via insurance provisions.

Marcel Le Gouais, 14 November 2022
Convex hires Hamilton terrorism duo for US MGU platform

Dover and Nersessian-Hristova’s appointments mark the first expansion of Convex US since its launch earlier this year.

Aisling Finn, 14 November 2022
Kolodner named Marsh Specialty renewables head in ‘complex’ risk environment

Former renewables head Hamish Roberts has moved to work as growth leader for the broker in the UK and Ireland.

Samuel Casey, 14 November 2022
Talanx books EUR350mn Ian loss as P&C reinsurance GWP hits EUR19.5bn

The parent company of Hannover Re and HDI also increased its reserves for losses arising from the Russian invasion of Ukraine to EUR361mn.

Aisling Finn, 14 November 2022
Scor: On the road to restitution

The French reinsurer’s Q3 update details its extensive remedial efforts – but with the impact yet to be felt, it is still vulnerable to takeover.

Rachel Dalton, 14 November 2022

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