News

Insurance

R&Q sells $47m stake in MGA Tradesman to pay down debt

R&Q acquired the MGA in 2019 following the acquisition of Sandell Re.   23 February 2023

Insurance

Lemonade plots widened 2023 EBITDA loss as growth forced to slow

In-force premium growth may slow to 11-12% as Lemonade skirts inflation-stricken lines.   23 February 2023

Insurance

Munich Re profit tops expectations despite Ian, Ukraine war hit

Looking ahead, the reinsurance giant is targeting a profit of €4 billion in 2023.   23 February 2023

Insurance

Munich Re stalls at 1/1 on 3.6% increase; derides rivals’ claims

‘It is impossible that our peers put through higher rate increases than we did.’ – CEO Wenning   23 February 2023

Insurance

Hub International launches global risk solutions practice

The new unit aims to help clients navigate the complex and uncertain risk landscape.   23 February 2023

Insurance

Hudson taps senior Berkley hire to lead entire general liability

The hire was CUO of Berkley Aspire, and held various posts at Cincinnati and James River.   23 February 2023

Insurance

LMA reveals CUO committee line-up to tackle new challenges

New committee to address issues relating to digitisation, Lloyd’s, ESG rise and others.   23 February 2023

Insurance

Howden attracts ‘leading non-industry talent’ from rival WTW

Howden CAP looks to expand in credit risk and complex structured finance area.   23 February 2023

Insurance

Tokio Marine’s GCube supercharges global expansion with Australia launch

Says changing political headwinds in Australia are driving significant demand for renewables.   23 February 2023

Insurance

Legal professionals need to talk about cyber threats

Brokers can start the conversation, say Sharon Glynn, director, underwriting for Travelers Europe and James Doswell, senior risk manager at Travelers.   23 February 2023

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