Articles
Insurance
Sompo is happy to boast of its $5 billion M&A war chest—yet it has struggled to put it to good use. Now, the Japanese insurer has new ideas for the ‘flexible’ deployment of the cash stash, Sompo’s Nigel Frudd explains. 15 February 2022
Insurance
The company claims it is one of the largest terrorism limits available in the market. 6 July 2022
Insurance
The legacy specialist has revealed a new CUO, head of M&A, and business strategy director. 5 July 2022
Insurance
The deal marks Marco’s third acquisition within the last nine months. 20 October 2021
Insurance
Cobalt Insurance Holdings and Capita Managing Agency (CMA) have received ‘in principle’ approval for the launch of their shariah-compliant syndicate, Cobalt Syndicate 1438, from the Lloyd’s Franchise Board. 19 October 2016
Insurance
Malicious and/or non-malicious cyber incidents are excluded in most classes of business covering physical damage losses, according to a report by the Lloyd’s Market Association (LMA) called ‘Cyber Risks & Exposures Model Clauses: Class of Business Review’, which reviews by class non-affirmative and affirmative coverage and commonly used exclusions. 23 April 2018
Insurance
The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change. 1 May 2019
Insurance
Probitas 1492, an insurance and reinsurance syndicate at Lloyd's specialising in property, construction and casualty, appears to have found a new backer to replace the capacity provided by the troubled Istmo Re. 14 July 2017
Insurance
The business writes specialty quota share reinsurance matching US cedants with Asian security. 12 October 2020
Insurance
Lloyd’s broker Endeavour Insurance Services entered a partnership arrangement with claims consultancy firm Advent Claims to support London Market coverholders operating in Canada. 7 September 2017
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