News

Insurance

Lloyd’s puts secondary perils to peak status in warning on climate change

Lloyd’s has suffered a 42% hike in net model losses for 1:200 non-peak perils since 2017.   20 September 2023

Insurance

London market falling down on DEI as misconduct goes on rise: FCA

The FCA sees ‘a concerning increase in incidents’ prompting fresh round of oversight.   20 September 2023

Insurance

Lloyd’s: D&O derailed; it’s no longer just rate inadequacy

Capacity is on the line for syndicates that follow the ‘shambolic’ market to the bottom.   20 September 2023

Insurance

Miller launches treaty reinsurance team in Asia with Lockton expert

The broker has expanded its reinsurance prowess in Asia Pacific.   20 September 2023

Insurance

Syndicates lag in rate & exposure management in geopolitical lines

Some syndicates have yet to tie up net exposure gaps created in 2023 reinsurance reset.   20 September 2023

Insurance

Lloyd’s warns on casualty reinsurance renewals: it’s the reset for 2024

Casualty has ‘not yet demonstrated the same zeal for rate adequacy’ as seen in property.   20 September 2023

Insurance

Talanx secures €300m capital increase to fund strategic growth plans

The raise aims to increase its free float, and enhance the trading liquidity.   20 September 2023

Insurance

Lloyd’s Market Association launches ESG Academy

It is designed to foster sustainable and responsible business practices in the market.   20 September 2023

Insurance

Allianz partnership launches $1bn fintech fund

It aims to boost growth of global B2B e-commerce firms in the global fintech sector.   20 September 2023

Insurance

Brown & Brown acquires MGA Occam Underwriting

Occam has been majority-owned by Hudson Structured Capital Management.   20 September 2023

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