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John Neal was due to start at Aon as global reinsurance CEO in September.
Airmic has been lobbying the government to introduce a captives framework for years.
The broker made several senior energy hires from Marsh last year.
The strategy is a 10-year plan to drive growth in UK financial services.
The US accounted for 92% of all global insured losses for the period.
US events accounted for more than 90% of global insured losses.
The outcome of the consultation includes a detailed timetable for delivery.
The MGA has recently added casualty and specialty reinsurance divisions.
The MGA has secured Lloyd’s paper to write crypto theft insurance.
State legislation has led to major strides in rate adequacy.
The company launched into the contingency market in the wake of the Covid-19 pandemic.
The trade body sent an open letter to the UK Chancellor ahead of her Mansion House speech.
The executive has spent 13 years in the broker’s marine division.
Claims chiefs are caught between technological advancement and waiting for phase two
Last year, the firm obtained a Class 4 license in Bermuda.
A representative from the carrier said Nexus is responding “with urgency”.
Patel has run the MGA platform since its launch in 2017.
Dan Prince said the firm will work with brokers’ existing relationships.
Plus, the latest people moves and all the top news of the week.
The executive said there was an ‘active cross-sell culture’ across The Fidelis Partnership.
BP Marsh announced its backing of Amiga, which is led by Adam Kembrooke, last month.
The MGA is expected to launch a product-recall portfolio in September.
Apax and Carlyle will continue to back the broker consolidator.
Competitor news
Competitor news
Competitor news
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Plus the latest people moves and all the top news of the week. -
Clients are increasingly using captives because of uncertainty around long-term capacity commitments.
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Behind the Headlines Podcast
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Robert Wiest, CEO of MS Reinsurance, discusses trends in the casualty market, social inflation and renewal expectations at the PwC Insurance Summit in Bermuda.
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Kirsten Beasley, Head of the Bermuda Office for WTW, discusses talent, diversity, and mentorship at the PwC Insurance Summit.
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Neil Eckert, Chairman and Co-Founder of Conduit Re, discusses climate change mitigation, new insurance products, and closing the coverage gap.
From our other titles
From our other titles
From our other titles
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Allianz seeks to double Americas premiums in five years: Williams
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The reinsurer has already dipped into the cat bond market with its Stabilitas Re retro deals.
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Florida rates likely to remain stable through 2025: HCI CEO
With plenty of reinsurance capacity, CEO Patel said it’s been a “boring year” for treaty negotiations.
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