News

Reinsurance

Reinsurance leads growth as Antares Syndicate hits record profit

Closely trailed by growth in marine and energy insurance.   12 March 2024

Insurance

MS Amlin pairs with Starwind group MGA for oil & gas sector facility

MGA J.H. Blades will write new general liability and an up to $10 million excess liability book.   15 March 2024

Insurance

Nord Stream sues Lloyd’s, Arch et al. for $400m after pipeline blast

Nord Stream estimates full repair costs at a much higher €1.2 – 1.35bh.   15 March 2024

Insurance

Lockton mines Arch Re casualty talent for NA construction team

The new North American construction SVP brings pedigrees from Arch, General Re & LSM.   15 March 2024

Insurance

American Club sees P&I premium decline on 2024 renewals

Combined ratio for the 2023/4 policy year ran 103% at end-2023, ‘with an improving trajectory’.   15 March 2024

Reinsurance

CEA feels reinsurance rate relief, but must keep members on the hook

CEA will prep another revenue bond to maintain member contribution to funding tower.   15 March 2024

Insurance

State Farm plots mid-year succession; 30-year insider takes top spot

Michael Tipsord will retire as CEO after 8 years at the helm & 35 years in the firm.   15 March 2024

Reinsurance

US flood programme NFIP bought $620m reinsurance at 1.1 for $121m

NFIP limit is now built over 2:1 on cat bonds more than traditional reinsurance.   15 March 2024

Reinsurance

Top leadership changes at Arch Reinsurance to drive growth

The company has appointed new CUO, CFO and COO.   14 March 2024

Insurance

Howden’s DUAL lures Everest talent to fuel French market expansion

The hire most recently served as head of financial lines at Everest France.   13 March 2024

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