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Talbot AIG takes Brit financial institutions underwriter Phillips

The hire of Ben Phillips comes amid a recent uptick in personnel movement in financial lines after a period of stability.

Samuel Casey, 21 September 2022
White Mountains to repurchase $467.4mn of shares

The shares expected to be bought back in the tender offer represent around 11.5% of White Mountains' shares outstanding as of 19 August.

Jairo Ibarra, 21 September 2022
SiriusPoint strikes capacity deal with workers’ comp MGA Insurate

The Bermudian will also collaborate with Insurate in developing and underwriting products in the medium- to high-hazard workers’ compensation segment.

Jairo Ibarra, 21 September 2022
Swiss Re appoints Hohl as senior nat cat solutions manager

Roman Hohl is rejoining the reinsurer after a decade, having previously worked there as head of agriculture Asia Pacific, director, for four years.

Liz Bury, 21 September 2022
CCR to sell EUR200mn stake in CCR Re by July 2023

The group aims to make CCR Re more "autonomous".

Rachel Dalton, 21 September 2022
Fiona upgraded to major hurricane as it travels through Caribbean

After causing widespread damage across Puerto Rico and the Dominican Republic, Fiona is now heading for Bermuda.

Aisling Finn, 21 September 2022
Offshore energy sector ‘highly overcapitalised’ with ‘fierce’ competition: Iumi

Offshore energy chairman Frank Streidl said margins are tight and upstream had not hardened like other insurance lines.

Samuel Casey, 21 September 2022
Inflation: Defining the focus areas for 2022/23

Inflation will define priorities such as a focus on safeguarding clauses and pricing transparency, as well as line of business challenges, for underwriters and actuaries in the year ahead.

Marcel Le Gouais, 21 September 2022
AM Best: Brazilian reinsurers grew NWP by 16% in 2021

The ratings agency said Brazil’s 12% inflation rate continues to fuel loss costs, but IBNR reserves increased 3% from 2020.

Jairo Ibarra, 20 September 2022
Swiss Re UK&I CEO Richards joins ABI board

The executive has worked for Swiss Re since 2006.

Rachel Dalton, 20 September 2022

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