The seizure of MSC Aries by Iran’s Revolutionary Guard at the weekend is the latest in a series of headwi...
WTW parts ways with around 130 staff in CRB North America to support strategy shift
WTW Corporate Risk and Broking North America this week eliminated between 120 and 130 roles as part of a shift toward more client-facing activities and...
WTW Corporate Risk and Broking North America this week eliminated between 120 and 130 roles as part of a shift toward more client-facing activities and...
Article / 19 hours ago
R&Q seeks to strengthen board with Welch and Hirsh appointments
London-listed R&Q Insurance Holdings has bolstered its board with the dual appointments of Stephen Welch and Lawrence Hirsh as non-executive directors,...
London-listed R&Q Insurance Holdings has bolstered its board with the dual appointments of Stephen Welch and Lawrence Hirsh as non-executive directors,...
Article / 1 day ago
Applied UW sells Centauri to Arbol sub and redeploys capital to E&S HNW homeowners
Applied Underwriters is selling its Florida-based admitted carrier Centauri Insurance to Arbol's newly formed Lilypad Insurance business, with...
Applied Underwriters is selling its Florida-based admitted carrier Centauri Insurance to Arbol's newly formed Lilypad Insurance business, with...
Article / 2 days ago
Ex-Bowermaster quartet launch middle market-focused Core Brokers
A new Long Beach, California-based broker called Core Brokers Insurance Services has been launched by a four-strong team of former Bowermaster...
A new Long Beach, California-based broker called Core Brokers Insurance Services has been launched by a four-strong team of former Bowermaster...
Article / 2 days ago
Allianz completes sale of majority stake in Middle East unit to ADNIC
Allianz Group has completed the disposal of its 51 percent stake in Allianz Saudi Fransi in Saudi Arabia to regional insurer Abu Dhabi National Insurance...
Allianz Group has completed the disposal of its 51 percent stake in Allianz Saudi Fransi in Saudi Arabia to regional insurer Abu Dhabi National Insurance...
Article / 2 days ago
Casualty grows share of Lloyd's portfolio as cyber market expands
Traditional specialty lines have become less material for Lloyd's over time with emerging classes such as cyber growing the casualty share of the...
Traditional specialty lines have become less material for Lloyd's over time with emerging classes such as cyber growing the casualty share of the...
Article / 2 days ago
Reinsurers implement “escalation clause” to limit exposure to Middle East conflict
Reinsurance recoveries related to hostilities in the Middle East could be limited by a conflict “escalation clause” introduced in certain specialty treaties at 1 January,...
Reinsurance recoveries related to hostilities in the Middle East could be limited by a conflict “escalation clause” introduced in certain specialty treaties at 1 January,...
Article / 2 days ago
UAE floods set to cause “sizeable influx” of local claims with ri recoveries to limit impact on domestic market
A “sizeable influx” of local insurance claims is expected in the UAE and Oman on the back of record rainfall in the region,...
A “sizeable influx” of local insurance claims is expected in the UAE and Oman on the back of record rainfall in the region,...
Article / 2 days ago
Howden Re's Ridpath resigns to join Inver Re
Casualty specialist Glyn Ridpath has resigned from his role at Howden Re to join Ardonagh Specialty's reinsurance arm Inver Re, The Insurer can reveal....
Casualty specialist Glyn Ridpath has resigned from his role at Howden Re to join Ardonagh Specialty's reinsurance arm Inver Re, The Insurer can reveal....
Article / 3 days ago
RSA Luxembourg names Intact's Belair head of liability, ProFin and technology
RSA Luxembourg has named Aaron Belair as head of liability, PI and financial lines and technology for Europe, in a move designed to bolster the insurer's specialty...
RSA Luxembourg has named Aaron Belair as head of liability, PI and financial lines and technology for Europe, in a move designed to bolster the insurer's specialty...
Article / 3 days ago