News

Insurance

Beazley secures rating on march to build-out stand-alone US carrier

The newly established US surplus lines carrier will begin taking book from Lloyd’s in 2024.   17 October 2023

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

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

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

Marsh McLennan lines up ex-Aon vet for new leadership post

The executive to become next president and CEO of Mercer, and vice chair of Marsh McLennan.   13 October 2023

Insurance

US household auto policy inflation at 18.9%, passing claims costs

Major automotive claims cost categories in disinflation in unison in September.   12 October 2023

Insurance

SRCC: high-income states rise again on the worry list in 2023 ranking

OECD high-income states fell to worst position on record: US, Canada, Austria, Norway in focus.   11 October 2023

Insurance

Ascot taps former Chubb talent to expand in US marine market

The executive has more than 35 years of experience in the marine industry.   11 October 2023

Insurance

Lloyd’s ESG loophole: low ESG syndicate owners granted highest growth

Low-risk ESG parents such as Munich Re, SCOR, TMK & Hartford are lowest growth to boot.   11 October 2023

Insurance

Consilium expands in Channel Islands with new hire

The executive to help drive its professional and financial lines growth strategy.   10 October 2023

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