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The rise and rise of E&S—where would Florida be without it?
Insurance
The rise and rise of E&S—where would Florida be without it?
Changes in the admitted markets and Lloyd’s specifically have led to the rapid growth of the excess and surplus lines markets in the US—a phenomenon that is showing no sign of slowing, Jason Liu, chief executive of insurtech Zywave, tells Intelligent Insurer.   28 March 2024
Lloyd’s built 2023 margin gain on distance to large loss, despite PYD
Insurance
Lloyd’s built 2023 margin gain on distance to large loss, despite PYD
New reserves hit specialty, including more RU-UA aviation sums, plus casualty.   28 March 2024
GIC completes acquisition of Miller
Insurance
GIC completes acquisition of Miller
GIC has acquired Cinven’s shares in the UK broker to support its long-term strategy.   28 March 2024
Insurance
Topsail Re in joint venture with Bishop Street to drive MGA growth
Topsail Re will co-invest in Bishop Street and provide capacity to MGAs.   28 March 2024
Insurance
Beazley to offer additional follow capacity to Brit’s Lloyd’s syndicate Ki
Ki anticipates ‘material increase’ in the follow capacity it can offer in 2024.   28 March 2024
Risk Management
WTW to assess systemic global risks from massive volcanic eruptions
The brokerage has partnered with the University of Geneva.   28 March 2024
Insurance
Berkshire’s BHSI expands global transactional liability with Liberty hire
BHSI has appointed Liberty & ex-AIG/Marsh execs in Canada and Germany.   28 March 2024
Insurance
Baltimore bridge collapse hits P&I segment at earnings turning point
P&I clubs had hit their first technical profit since 2016/17, finally put paid to Costa Concordia.   27 March 2024
Insurance
Litigation finance in ‘state of flux’ as capital commitments fall
Capital commitments to new deals fell by nearly 14%, stalling industry AuM growth.   27 March 2024
Reinsurance
Reinsurers will take bulk of P&I claim after Baltimore bridge collapse
AXA XL led the current XoL reinsurance cover for International Group of P&I Clubs.   27 March 2024

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