News

Insurance

Beazley offers exit for Lloyd’s 623 members ahead of transition year

With US lines removed, cyber is down, marine, aviation and political risk up in 623.   16 October 2023

Insurance

Cincinnati’s Lloyd’s syndicate to launch cargo & construction in 2024

The syndicate is OK’d for a 25% build out in capacity in 2024.   16 October 2023

Insurance

Howden launches groundbreaking innovation hub with £500m Lloyd’s capacity

Howden Ventures combines MGA model with insurtech to drive market innovation.   16 October 2023

Insurance

Lockton taps rugby legend to bring ‘fresh perspective’ to M&A transactions

He played rugby for more than 17 years, including three Rugby World Cups.   16 October 2023

Insurance

US commercial P&C renewal rates slow in Sept, temper Q3 rise

Commercial auto defies the group with uninterrupted acceleration; 5 other segments slow.   16 October 2023

Insurance

Pro MGA head of compliance resigns; successor revealed

The appointee established his own compliance company in 2012.   16 October 2023

Insurance

Brown & Brown expands in Northern Ireland with double swoop

It has acquired two claims management and insurance consultancy businesses.   16 October 2023

Insurance

MGA Kita pioneers carbon credit claims

The Lloyd’s coverholder worked closely with lead capacity provider Chaucer on the offering.   16 October 2023

Insurance

Swiss Re may add 40% to already heavy reserve padding to US casualty

Reserve padding may still stretch back as far as 2017-2018 accident years.   13 October 2023

Insurance

Allianz shifts strategy in China with CPIC stake sale

The insurer has decided to sell its 49% stake in CPIC Fund Management.   13 October 2023

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