All sections

Jack Kenneally will take on the role of class underwriter at the MGA.

A roundup of all the news you need, including Lloyd’s revamped executive team.

This year is predicted to be an above-average season, like 2024.

The executive set out his vision for the Corporation after assuming leadership.

The $2.59bn renewal is up 45% from last year.

The increase in business and leisure travel – plus niche travel, such as for cosmetic procedures – is driving increased demand for travel insurance, said Guy Bonwick, Head of Global Specialty Accident and Health at AXIS.

The outgoing CEO said the market had been restored as a leader during his tenure.

The reinsurer confirmed Andrew Phelan’s exit, as of 15 May.

Frustration is growing around a promised independent operating model and staff reward.

Lee Mooney will replace Neil Galjaard, subject to regulatory approval.

The Floridian also secured $352mn of multi-year coverage extending to 2027.

The company also has $100mn for US hurricane events.