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Marine hull market resolve to be tested in coming months: Gallagher
Pressure to grow portfolios may ‘put the brakes’ on premium growth, despite pricing adequacy concerns.
Samuel Casey
,
01 June 2022
BHSI expands European presence with Lyon office
The carrier is also planning to launch in Switzerland and Belgium in Q2 and Q3 respectively.
Aisling Finn
,
01 June 2022
Lloyd takes interim FCA chair position as Randell departs
Charles Randell steps down early from his five-year term.
Aisling Finn
,
01 June 2022
Dual promotes Jonda and Rubes to European leadership roles
The MGA aims to grow to $750mn in premium in Europe over the next five years.
Rachel Dalton
,
01 June 2022
CEO Neal back at Lloyd’s after cycling accident
Lloyd’s CEO John Neal has returned to work after he was hospitalised in March following a cycling incident.
Catrin Shi
,
01 June 2022
Oz flood losses rise 28% in a month to hit A$4.3bn
The flooding in February and March now ranks among Australia’s five largest loss events.
Liz Bury
,
01 June 2022
Universal secures $3bn Florida reinsurance treaty without prepayment terms
The reinsurer has put the first layer through its captive, a move that reflects the lack of reinsurance capacity for this high-risk business.
Aisling Finn
,
01 June 2022
UK and EU agree to ban insurance on ships carrying Russian oil: report
The sanctions were only agreed following the UK’s involvement, shutting Moscow out of the Lloyd’s market.
Aisling Finn
,
01 June 2022
As Atlantic hurricane season opens, tightly wound (re)insurers hold breath
The forecast range of hurricanes is slightly wider than in 2021, but in line with 2020.
Ben Wylie
,
01 June 2022
Berkshire Hathaway writes ~$400mn line on Floridian carrier HCI’s reinsurance treaty
The chunky deal comes as many reinsurers are heavily cutting their Florida cat books.
Fiona Robertson
,
31 May 2022
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