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Hiscox falls to $107.4mn loss in H1 with $214mn investment loss
The carrier posted $48mn of losses relating to Ukraine and said that rates were keeping pace with inflation.
Samuel Casey
,
03 August 2022
Axa XL posts H1 profit of EUR688mn despite EUR300mn Ukraine hit
Axa also announced the launch of a group EUR1bn share buy-back scheme.
Aisling Finn
,
03 August 2022
Beazley seeks 23% stamp capacity uplift for Syndicate 623
Beazley has written to its third-party capital providers notifying them of its plans to increase the stamp capacity of Syndicate 623 by 22.8% for the 2023 year of account.
Aisling Finn
,
02 August 2022
FCA to open 100-strong Leeds office
The watchdog will also base its digital delivery centre in the Yorkshire city.
Rachel Dalton
,
02 August 2022
IGI to acquire MGA Energy Insurance Oslo
IGI expects EIO will be renamed International General Insurance Company on completion.
Luke Harrison
,
02 August 2022
Moody’s issues new Fidelis ratings after news of restructure
The ratings agency said the proposed restructure posed execution risk, but regulatory approval would alleviate short-term uncertainty.
Samuel Casey
,
02 August 2022
Fidelis lands Talbot AIG marine hull and war underwriter Lewis
Class underwriter for marine hull and war at Talbot AIG, Hugo Lewis, has resigned to take up a position in the marine team at Fidelis, Insurance Insider can reveal.
Samuel Casey
,
02 August 2022
Gallagher hires Turner for renewables team expansion
Turner will report to executive partner Gavin Tidman and work closely with head of renewables Duncan Gordon.
Aisling Finn
,
02 August 2022
Jensten completes deal to acquire MGA Origin UW
For the immediate future, Origin UW will function as a standalone brand within Jensten’s wholesale division.
Luke Harrison
,
02 August 2022
Swiss Re pegs H1 global insured cat losses at $38bn
Insured nat cat losses amounted to $35bn globally in H1, while manmade events triggered an additional $3bn, according to Swiss Re Insititute.
Rachel Dalton
,
02 August 2022
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