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Solution needed for secondary perils: Mapfre Re
Reinsurance
The reinsurer’s CUI says insurers are facing severe challenges from secondary perils.   11 September 2024
Planck’s new funding round raises an additional $20m
Insurance
It has also hired a head of US business from LexisNexis Risk Solutions.   12 May 2021
Gallagher’s Pen taps Markel for specialist marine underwriting expertise
Insurance
Pen entered the specialist marine market in April with Lloyd’s-backed MGA buy.   11 May 2023
Insurance
The growing number of managing general agents (MGAs) in the UK insurance market is being driven by the continuing wave of insurer consolidation and entrepreneurial spirit of some underwriters wanting to start up their own businesses, according to The Managing General Agents’ Association’s (MGAA) Chairman, Charles Manchester.   12 July 2018
Reinsurance
Lockton Re data suggests the 2020-2023 hard market block is likely to develop ‘favourably’.   4 November 2024
Reinsurance
Rising claims frequency and inflationary pressures could challenge market stability.   9 September 2024
Insurance
The recruit has extensive experience in the energy and renewables sector.   10 May 2023
Insurance
The move is part of the insurer’s ‘renewed drive’ in the sector.   7 September 2022
Insurance
He will replace Tony Santomero who is retiring from the company in May.   24 March 2023
Insurance
Insurers incomparable to banks given stable liability profile & solvency measures.   15 March 2023

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