News

Insurance

Insurance industry joins tributes in mourning death of Queen Elizabeth II

Lloyd’s said her ‘presence, wisdom and laughter will reverberate through our halls’.   9 September 2022

Insurance

Lloyd’s MGA Brace hires head of underwriting from Hiscox

The Beat Capital-backed MGA to explore opportunities to strategically expand the business.   9 September 2022

Insurance

Brit group CEO heads back to business after cancer battle

Wilson’s return will be a boost for the whole organisation: interim CEO Thompson.   9 September 2022

Insurance

WTW lures specialties leader back from Marsh for key NA role

The executive to lead industry specialties for Corporate Risk & Broking (CRB) North America.   9 September 2022

Insurance

Insures need fresh tactics to overcome 1.1 reinsurance renewal barriers: Aon

‘This is not necessarily going to be a business-as-usual renewal.’   9 September 2022

Insurance

Lloyd’s plunges to heavy loss on £3.1bn investment hit, £1.1bn Ukraine claims

The market reserved £1.1bn net of reinsurance for claims related to the war in Ukraine.   8 September 2022

Insurance

AXIS to target US wholesale market for profitable growth

Re/insurer launches new division dedicated to servicing the wholesale market.   8 September 2022

Insurance

Argo sells Lloyd’s business for $125m to sharpen focus on the US

The ‘decisive action’ follows an ongoing review of strategic alternatives to up investor value.   8 September 2022

Insurance

UK insurance regulators talk ground rules, open up for industry onslaught

Competition mandate laced throughout review, but clearly demoted from primary remit.   8 September 2022

Insurance

Reinsurers can price to beat inflation and claims drivers in ‘hardening’ market: Fitch

‘Pricing dynamics is really on a level we have not seen in a really long time.’   8 September 2022

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