News

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

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

Insurance

Lockton lands technology risk expert from Marsh after 20-year stint

The executive managed some of Marsh’s ‘largest and most disruptive’ tech clients.   27 March 2024

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