London wholesaler Miller has raided Ardonagh Specialty’s Price Forbes for a nine-person casualty unit led...
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 / 6 days ago
Insurer in Full: MSC Aries seizure adds to marine war headwinds as Iran-Israel tensions escalate
The seizure of MSC Aries by Iran’s Revolutionary Guard at the weekend is the latest in a series of headwinds for the marine war market as tensions continue to escalate in the Middle East...
The seizure of MSC Aries by Iran’s Revolutionary Guard at the weekend is the latest in a series of headwinds for the marine war market as tensions continue to escalate in the Middle East...
Article / 8 days ago
Lloyd's positioned to benefit from E&S market growth: Berenberg
Growth in the E&S market is set to continue to outpace the broader US P&C sector with Lloyd's players such as Beazley and Lancashire set to be among the greatest beneficiaries, according to...
Growth in the E&S market is set to continue to outpace the broader US P&C sector with Lloyd's players such as Beazley and Lancashire set to be among the greatest beneficiaries, according to...
Article / 10 days ago
Insurer in Full: Reinsurance market finds stability after four years of hardening
Florida’s Citizens and its broker Gallagher Re have gone out to the traditional reinsurance market this week with the submission for its newly combined personal lines account, commercial lines account and coastal account placement...
Florida’s Citizens and its broker Gallagher Re have gone out to the traditional reinsurance market this week with the submission for its newly combined personal lines account, commercial lines account and coastal account placement...
Article / 15 days ago
Lloyd's best- and worst-performing syndicates in 2023
QBE 2999 overtook Hiscox 33 as the best-performing syndicate among Lloyd's £1bn+ GWP heavyweights in 2023, analysis by The Insurer shows....
QBE 2999 overtook Hiscox 33 as the best-performing syndicate among Lloyd's £1bn+ GWP heavyweights in 2023, analysis by The Insurer shows....
Article / 23 days ago
TMK seeks Lloyd’s Council approval for proposed £2bn+ merger of 510 and 1880
Tokio Marine Kiln has submitted a notice of intention to Lloyd’s proposing the merger of its two largest syndicates — 510 and 1880 — for the 2025 year of account...
Tokio Marine Kiln has submitted a notice of intention to Lloyd’s proposing the merger of its two largest syndicates — 510 and 1880 — for the 2025 year of account...
Article / 28 days ago
All Lloyd's insurance segments remain in the black despite MAT and motor deterioration
All primary segments of the Lloyd's market delivered an underwriting profit for 2023, marking the second consecutive year that all classes have...
All primary segments of the Lloyd's market delivered an underwriting profit for 2023, marking the second consecutive year that all classes have...
Article / 28 days ago
Baltimore bridge loss estimated at $1bn-$3bn with Lloyd's share $250mn+
Early analyst estimates are converging around an industry loss of between $1bn and $3bn for the collapse of the Francis Scott Key Bridge in Baltimore...
Early analyst estimates are converging around an industry loss of between $1bn and $3bn for the collapse of the Francis Scott Key Bridge in Baltimore...
Article / 28 days ago
Insurer in Full: Aviva decides to buy rather than build but who will be the winners in the M&A casino?
Lloyd’s bullish outlook on the back of its near-record underwriting result in 2023 will have provided further justification for Aviva’s planned re-entry into the Lime Street market...
Lloyd’s bullish outlook on the back of its near-record underwriting result in 2023 will have provided further justification for Aviva’s planned re-entry into the Lime Street market...
Article / 1 month ago
Parliamentary report calls out cultural and institutional “deficit” in City sexism probe
A parliamentary report has slammed the “cultural deficit” in the UK financial services sector over tackling barriers to career development for...
A parliamentary report has slammed the “cultural deficit” in the UK financial services sector over tackling barriers to career development for...
Article / 1 month ago
