Articles

Insurance

Parsyl more than doubles Lloyd’s-backed cargo capacity in under a year

The increase to $55m makes Essential one of the largest cargo-only consortiums at Lloyd’s.   10 January 2024

Insurance

Canopius ramps up distribution leadership for growth in top markets

New heads to pursue fresh growth opportunities in the US, UK and Bermuda.   10 January 2024

Insurance

CFC lands former AXIS cyber head as CUO amid top-level shake up

Current CUO steps up as CEO as founders depart after misconduct investigation.   9 January 2024

Alternative Risk Transfer

Beazley sponsors first $100m 144A cat bond via Lloyd’s London Bridge

The bond provides multi-year, indemnity reinsurance protection for named storm and earthquakes.   8 January 2024

Reinsurance

Syndicates break ranks on pandemic BI: Berkley sues its XoL reinsurers

AXA XL, Brit, Liberty, Chaucer, Canopius, Everest, Validus and more called to account.   8 January 2024

Insurance

Insurers duck NotPetya cyber war exclusion ruling, settle with Merck

A lower court had already said that NotPetya was ‘not sufficiently linked’ to warfare.   8 January 2024

Risk Management

Stonybrook secures ex-AIG/Aon executive to drive global growth

New CEO to help expand its reach further into Europe, Eastern Asia and LatAm.   3 January 2024

Alternative Risk Transfer

Inigo secures $100m Montoya Re cat bond capacity

The cat bond will cover North American named storms and earthquakes.   3 January 2024

Insurance

MS Amlin unleashes financial lines in Middle East amid M&A surge

The new business class is in response to growth in M&A and IPO activity.   3 January 2024

Reinsurance

MGA Rokstone eyes NA excess fac property market, hires ‘industry legend’

The new unit, backed by Lloyd’s and led by Hiscox 33, launches with a $5m line.   2 January 2024

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