News

Insurance

SiriusPoint calls off major Lloyd’s M&A deal with Mosaic after U-turn on growth strategy

Mosaic CEO says it is on a ‘great growth trajectory’ of its own and remains committed to Lloyd’s.   21 November 2022

Insurance

Cat bond funds scratch back nearly a third of Ian-delivered losses

Dollar-denominated funds remain down 4.6% from YTD high hit pre-Ian.   21 November 2022

Insurance

DAE extends its courtroom press for lost Russian aircraft

SPV finance unit strikes at the same group of Lloyd’s and ten insurers named by DAE.   21 November 2022

Insurance

Landmark lands ex-JLT/Lockton, Liberty leader to develop D&O lines

Most recently, he worked within reinsurance including setting up an MGA two years ago.   21 November 2022

Insurance

Lloyd’s Hurricane Ian claims to hit $3bn after reinsurance

Lloyd’s projects its net market share of the total industry loss will be 3-5%.   21 November 2022

Insurance

Major African reinsurers strike deal for political risk & trade credit capacity

Largest pan-African reinsurers bring $10m multi-year capacity for political, trade credit risks.   21 November 2022

Insurance

Liberty nabs RSA Luxembourg CEO for top underwriting role

The executive to become chief underwriting officer for Liberty Specialty Markets (LSM).   21 November 2022

Insurance

Markel attracts Allianz talent to expand in key Asian market

It has hired specialist financial lines & marine underwriters to build out its local presence.   21 November 2022

Insurance

Arch snares senior cyber underwriter from major global broker

The new hire also held cyber underwriting roles at Liberty Specialty Markets and CFC.   21 November 2022

Insurance

A paradigm shift in nature-related risks—and what it means for insurers

Businesses are grappling with the implications of “unprecedented” nature loss and its irreversible ramifications—but the risk transfer industry has a crucial role to play, according to Swenja Surminski, managing director of climate and sustainability at Marsh McLennan Advantage.   20 November 2022

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