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Is the broker super-cycle coming to an end?
Brokers may face pressure as the pricing cycle turns and estimates fail to keep up.
Insurance Insider US Research
,
28 June 2022
ILS withdrawals from Australia contribute to tighter 1 July renewal
Succeeding years of nat-cat losses have left aggregate and lower-layer capacity tighter.
Rachel Dalton
,
28 June 2022
Lloyd’s Europe appoints Heugues as CUO
The executive has worked at Ageas, Axa, Generali and Marsh.
Rachel Dalton
,
07 July 2022
Axa XL Re makes Kiernan head of US property for Bermuda
Peter Kiernan replaces Simon Penney, who is moving to an analytics role.
Rachel Dalton
,
07 July 2022
Miller acquires Lead Insurance Services in Japan
Lead specialises in hull, war risks and protection and indemnity insurance.
Luke Harrison
,
07 July 2022
EuroCape EUR210mn PV policy at risk as Ukraine war rumbles on
Hiscox is understood to have led the policy, while Aon is said to be the broker.
Luke Harrison
,
07 July 2022
Kirk promoted to head of marine at Chubb Global Markets
David Kirk will oversee CGM’s marine portfolio underwritten in the London wholesale market.
Luke Harrison
,
07 July 2022
ICA claims count for NSW floods jumps 57%, but lags earlier 2022 floods
The July date of the event is favourable for reinsurers as Suncorp and IAG have just reset their deductibles, although QBE buys on a calendar-year basis.
Martha Muir
,
07 July 2022
QBE appoints Hobson head of surety UK
Leroy Hobson has more than 25 years’ experience in the surety market, having held head of surety roles at Zurich, Chubb and Aon.
Luke Harrison
,
07 July 2022
Assurant secures $1bn+ reinsurance cover and mitigates pricing changes
The coverage secured represents higher average insured values compared to last year.
Samuel Casey
,
07 July 2022
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