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Large losses and valuation fears signal more power hardening: WTW
The broker said the fallout from the Russia-Ukraine conflict was increasing competition for business.
Samuel Casey
,
08 September 2022
Westfield names former Sompo exec Evans to lead Syndicate 1200 integration
The industry veteran was named EVP and head of international insurance by the US carrier.
Eileen AJ Connelly
,
08 September 2022
Blueprint Two costs in H1 have reached £40mn: Lloyd’s CFO Keese
CFO Burkhard Keese outlined expenditure on the digitalisation programme, in a media briefing on Lloyd’s H1 results that also tackled inflation and growth.
Marcel Le Gouais
,
08 September 2022
Axis launches wholesale division
The company has appointed Carlton Maner as CEO, who will report directly to Axis Specialty and Reinsurance CEO Vincent Tizzio.
Farhin Lilywala
,
08 September 2022
Argo to sell Syndicate 1200 to Westfield for $125mn
The deal price represents 1.16x tangible book value.
Rachel Dalton
,
08 September 2022
TMK Syndicate 557 Names capacity to shrink 80% in proposed merger
A leaked document also details the rationale for the planned combination of syndicates 510 and 557.
Rachel Dalton
,
08 September 2022
InsurTech platform Instanda names Hiscox’s Prior as CFO
Liz Prior joins from Hiscox Insurance Company Guernsey and brings more than 13 years of experience.
Aisling Finn
,
08 September 2022
Sampo explores dual listing of shares on Nasdaq Stockholm
The company said the evaluation process is expected to conclude within the coming months, enabling a potential dual listing in the fourth quarter.
Luke Harrison
,
08 September 2022
Fitch maintains neutral outlook for reinsurance segment
The ratings agency predicts a combined ratio of 95.2% for the companies on its watch this year.
Rachel Dalton
,
08 September 2022
Lloyd’s to pay some staff £2,500 cost-of-living bonus
The Corporation is giving some employees a bonus to help tackle rising energy and food prices.
Aisling Finn
,
08 September 2022
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