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UK flood costs could jump 42% by 2050: JBA

If no action is taken to reduce emissions, costs could soar by 87% in average annual losses to residential properties, JBA Risk Management said.

Aisling Finn, 27 July 2022
Chubb affiliate ABR Re raises $210mn from a private investment firm

The investor will manage a portion of the Bermudian’s assets.

Kyoung-son Song, 27 July 2022
Lancashire appoints Gressier as non-exec director

The latest addition to the board is a veteran of Axis and Ace.

Rachel Dalton, 27 July 2022
Conduit posts $61.4mn H1 loss on Ukraine and investment impact

The carrier’s combined ratio improved by 22.1 points to 105.1%.

Rachel Dalton, 27 July 2022
Opinion: A Fidelis of two halves

The reorganisation has cleared the first hurdle where many expected it to fall, but the balance sheet IPO was always going to be the harder exercise.

Adam McNestrie, 27 July 2022
Lancashire posts $78mn profit with 78.2% combined ratio

The carrier said its ultimate net losses in Ukraine since the start of the conflict were towards the lower end of its initial range, at $22mn.

Luke Harrison, 27 July 2022
Axis CoR deteriorates 2.8 points to 93.4% as company seeks to cut volatility

The Bermudian’s gross premiums written rose 9% year-on-year as increases from the insurance segment offset a 4% decrease in reinsurance.

Kyoung-son Song, 26 July 2022
Axis entices RSA’s Madden to join construction team

The appointment comes amid a flurry of movement within the construction class.

Luke Harrison, 26 July 2022
Gallagher Re appoints Gupta as VP ILS structuring and origination

Gupta moves from Axis Capital where he served for four years in the New York team.

Martha Muir, 26 July 2022
Bennett joins Acrisure Re as VP in London after departing Axis Capital

The property reinsurance underwriter had joined Axis Re’s London team three years ago.

Liz Bury, 26 July 2022

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