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Broker consolidation and trapped value: new broker Augment’s CFO speaks out
News
Reinsurers and cedants have been adversely impacted by consolidation among reinsurance brokers – making this a good moment for a new player to launch. That is the argument of Charlie Love, the newly appointed chief financial officer of Augment, launched in July, who also promises the broker will innovate and help clients unlock trapped value.   4 August 2023
Swiss Re adds margin in P&C Re from hard market & new distance to cats
Insurance
Major margin gains in property and specialty cover for rising technical loss in casualty lines.   4 August 2023
SiriusPoint targets major expansion into US surety market
Insurance
Bermuda re/insurer inks exclusive deal with a US underwriter to increase its market share.   4 August 2023
Insurance
Warm surface temps increasingly seen capable of counteracting a robust El Niño.   4 August 2023
Insurance
The execs bring decades of experience from NatWest, Santander, RBS, Barclays, KPMG & Deutsche Bank.   4 August 2023
Insurance
The veteran executive will be based in Luxembourg.   4 August 2023
Insurance
Total renewals to end-Q2 up 5% y/y after heftier 11% annual gain after first three months.   4 August 2023
Insurance
Professional liability took casualty to a big technical loss, merits retreat by Swiss Re.   4 August 2023
Insurance
Proposed reforms to non-compete covenants by the UK government change the landscape for how insurers can protect their businesses when key employees leave for a competitor and present a mixture of challenges and opportunities, writes Anna Birtwistle (pictured), partner, Farrer & Co.   4 August 2023
Insurance
Discipline on professional lines ‘may have the effect of slowing our top line growth’.   3 August 2023

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