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Munich Re Syndicate takes Gallagher’s Jones for contingency

Personnel movement in the contingency market has been elevated following Covid-19 upheaval.

Samuel Casey, 09 November 2022
RSA appoints CNA’s Cryer as head of property

Neil Cryer joins from CNA, where he spent nearly seven years as head of property D&F.

Aisling Finn, 09 November 2022
Scor’s Rousseau: EUR485mn inflation reserve charge reflects ‘prudent’ approach

The French carrier has vowed to continue its “selective” reinsurance underwriting strategy.

Rachel Dalton, 09 November 2022
Conduit Re writes $600mn YTD and hails ‘exceptionally attractive’ market

The reinsurer posted losses of $40mn from Hurricane Ian but said pricing and terms were set to improve.

Samuel Casey, 09 November 2022
COP 27: Marsh unveils 17 projects showcasing global climate adaptation

Marsh McLennan is mobilising the insurance industry to support the UN’s Race to Resilience initiative, starting by featuring 17 climate adaptation projects.

Marcel Le Gouais, 09 November 2022
Tropical Storm Nicole could incur $1bn-$2bn of insurance losses: BMS’s Siffert

The Category 1 storm’s landfall on the east coast of Florida would be a “manageable” cat event that hurts primary carriers more than their reinsurers, he said.

Kyoung-son Song, 09 November 2022
Opinion: Broker commission pressure highlights reinsurers’ power ahead of 1.1

Moves to push down London broker commissions highlights the options open to write reinsurance platforms in other markets.

Rachel Dalton, 09 November 2022
Scor appoints Gerow to board as Sorenson successor

Martine Gerow’s mandate will last for the remainder of Kory Sorenson’s term, which comes to a close at the end of the general meeting in 2023.

Aisling Finn, 09 November 2022
Aviva boosts UK commercial lines GWP by 13% to £2.1bn

Aviva increased its UK commercial lines gross written premiums (GWP) to £2.147bn ($2.479bn) for the year to date, an increase of 13% compared with the same period last year.

Aisling Finn, 09 November 2022
Scor P&C unit plummets to EUR669mn Q3 loss on inflation reserve charge

The group vows to continue remedial work to restore profitability.

Rachel Dalton, 09 November 2022

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