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Nexus to launch in Dubai with majority stake in MGA

Spectrum Risk Management will rebrand as Nexus as part of the transaction.

Aisling Finn, 31 October 2022
Argo says Bobman nomination would lead to ‘degradation’ of board quality

The activist investor has been trying to join the board of the struggling firm and has been interviewed by Argo.

Samuel Casey, 31 October 2022
CII hack: Personal data of 20% of customer records accessed

The Chartered Insurance Institute has confirmed that data including names, addresses and dates of birth were obtained in the cyber security incident.

Marcel Le Gouais, 31 October 2022
Willmont to leave Canopius next year after short spell as UK CEO

The executive assumed her position as part of a management overhaul under the new leadership of group CEO Neil Robertson.

Adam McNestrie, 31 October 2022
Southern Australia storms’ estimated loss drops to A$972mn: Perils

The previous estimate, released in May 2021, pegged the losses at A$1.016bn.

Aisling Finn, 31 October 2022
Commissioner Donelon on litigation threat: Louisiana is not the new Florida

The Gulf Coast state is keen to distance itself from Florida’s insurance woes but is resistant to some underlying changes.

Fiona Robertson, 31 October 2022
Wilson to step down as Brit CEO to focus on health and family

Subject to regulatory approval, Martin Thompson will succeed Matthew Wilson as group CEO and executive chairman of Ki, effective today.

Jim Robinson, 31 October 2022
R&Q grows programme-management GWP by 83% to $1.3bn

The carrier also reported a fee income of $60mn, up from $30mn in the nine-month period ended 30 September 2021.

Aisling Finn, 31 October 2022
Swiss Re’s Dacey: Pricing to rise on every reinsurance line at 1.1

The carrier said inflation and losses were to blame for its likely miss on the P&C re full-year target combined ratio of 94%.

Rachel Dalton, 28 October 2022
‘This is our wheelhouse’: Aon CEO hails opportunities of challenging market

CEO Greg Case said dislocation in the reinsurance market created “tremendous opportunities” for the firm.

Samuel Casey, 28 October 2022

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