News

Insurance

Jensten buys specialist broker to bolster London and South East presence

The acquisition adds £6.1 million in gross written premiums to the business.   14 June 2024

Insurance

Insurers suffer 30% rise in claims from lightning in 2023 to $1.2bn

The convective storms claims in 2023 marked a 30% increase from 2022.   19 June 2024

Insurance

Brace Underwriting to expand Canadian P&C portfolio with new hire

The new appointee boasts 13 years of experience from Tokio Marine Kiln.   19 June 2024

Technology

New IUA group to assess London Market Blueprint Two progress

The cut-over review committee will review the readiness of the London market.   10 June 2024

Insurance

R&Q heads for liquidation; all hope is lost for rescue via asset sales

R&Q’s programme management business will still go to Onex; legacy set for bankruptcy sale.   19 June 2024

Insurance

Relevance and reward the keys for insurers in energy transition: Hoare

Insurers will need both societal relevance and healthy revenues to succeed in future but can be optimistic about achieving both, according to Dominick Hoare, group chief underwriting officer at Munich Re Specialty.   17 June 2024

Reinsurance

Munich Re expands parametric risk transfer capabilities with key hire

The hire has worked at TigerRisk, Sompo and Parameter Climate.   18 June 2024

Insurance

Liberty Mutual expands in surety market with M&A

The deal positions it to further grow business in the Latin American market.   14 June 2024

Insurance

RSA continues expansion of partnership team with new key senior hire

The new hire joins a build-out of the commercial lines delegated authority business.   13 June 2024

Insurance

Canopius nabs AXA XL Asian specialty head for new specialty role

The role was crafted to ‘cement’ company’s position in ‘world’s leading specialty markets’.   18 June 2024

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