Articles

Insurance

Lloyd’s taps Silicon Valley executive who served the Obama administration

He replaces John Sununu, who is stepping away from the Lloyd’s Council in May 2023   10 January 2023

Insurance

Helios ups its Lloyd’s retained capacity 39% for 2023

Despite its role as consolidator, M&A added little to the 2023 capacity gains.   10 January 2023

Insurance

Private equity giant acquires P&C insurtech for $2.6bn cash

The insurtech will be taken private upon completion; CEO excited for the next chapter.   10 January 2023

Insurance

Former Marsh McLennan boss Glaser resurfaces at NY private equity firm

Glaser will help source new investments and support portfolio management at the firm.   10 January 2023

Insurance

Cat bond funds end 2022 on enduring recovery, cut Ian losses to 3.7%

The USD denominated composite index ends 2022 with 2.3% loss, ahead CHF & EUR measures.   10 January 2023

Insurance

AXA XL taps 10-year company vet to drive ‘sustainable’ underwriting profitability

The appointee takes up the role of head of underwriting management for UK & Lloyd’s.   9 January 2023

Insurance

Fairfax’s Brit sells ‘fast growing’ MGU operations for $400m

Brit shifts focus on building out its core underwriting and digital capabilities.   9 January 2023

Insurance

IAG rejigs reinsurance at 1.1: hikes retention & pays 20-25% more on XoL

First-event retention rises 75% in ‘a rational economic decision’.   9 January 2023

Insurance

Major ILS investors back Beazley’s groundbreaking $45m cyber catastrophe bond

For the first time a liquid ILS instrument has been created for cyber catastrophe risks.   9 January 2023

Insurance

Clyde & Co looks to DWF for product liability expansion

The new partners have specialism in Japanese risks.   6 January 2023

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