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

Richard Brindle returns to Lloyd’s market after 26 years with Fidelis syndicate 3123

Fidelis MGU gets in principle approval to spearhead new Lloyd’s syndicate.   29 March 2024

Insurance

Baltimore a ‘complex and expensive loss’, but well inside Lloyd’s budget

Claims ‘not outside the normal levels or expectations of what we should see in a given year’.   28 March 2024

Reinsurance

Hannover Re creates new specialty unit for cyber and digital underwriting

The reinsurer looks to scale ‘profitable’ business opportunities in cyber and digital.   26 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

Reinsurance

PartnerRe rebounds from large loss to $2.3bn profit in 2023

CEO Bonneau hails 2023 as ‘one of the strongest years in our recent history’.   26 March 2024

Reinsurance

Marsh launches $10m cyber-only group captive company in Bermuda

Edgware Re is designed to provide more control and stability in cyber programmes.   25 March 2024

Reinsurance

Reinsurance capacity can handle April & mid-year, but can’t ease rate

Gallagher Re sees ‘increased demand for cover being met with adequate supply’ through ‘24.   21 March 2024

Reinsurance

Guy Carpenter picks top Convex leader as Pacific CEO amid reshuffle

He moves from Bermuda to Sydney with 27 years of re/insurance experience.   25 March 2024

Insurance

Baltimore bridge collapse will send claims through P&I, P&C and more

Beyond Britannia P&I cover and property/liability claims, the accident blocks a major US port.   26 March 2024

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