Articles

Insurance

Floridians race to court in March to beat onset of new tort regime

March court notices of 8276 new pending cases are roughly twice the Q4 average.   3 April 2023

Insurance

AXA XL lures Marsh/Lockton broker for UK & Lloyd’s business

The recruit will develop and manage its marine liability & ports business.   3 April 2023

Insurance

MS Reinsurance faces downgrade on ‘deterioration of risk-adjusted capitalisation’

Multiple years of operating losses has contributed to a decline in its capitalisation.   3 April 2023

Insurance

Lloyd’s of London’s PPL Next Gen moves to broad market adoption

Brokers encouraged to cut over to the new platform after their Market User Agreements.   3 April 2023

Insurance

Gallagher’s Pen enters specialist marine market with Lloyd’s-backed MGA buy

The acquisition adds more than £90m of GWP to the business.   3 April 2023

Insurance

Reinsurance hard market ‘undiminished’ at 1/4; property cat still racing

Discipline enforced selectively at 1/1 was pushed to every corner of market: Gallagher Re   3 April 2023

Insurance

Beazley unveils ‘bold’ reimagined US public D&O offering

A wider roll out to the US on admitted paper is expected for late 2023.   3 April 2023

Insurance

DARAG’s 2023 pipeline tops expectations as it unveils Cayman captive deal

The legacy acquirer has concluded an agreement with a Cayman-based captive company.   3 April 2023

Insurance

US fronting Transverse upgraded post $400m+ MS&AD deal

Transverse expands MS&AD’s access to the North American MGA market.   3 April 2023

Insurance

WTW attracts former SCOR/Gen Re/Munich Re senior executives to expand ICT business

WTW bolsters life insurance consulting and technology practice with two senior hires.   3 April 2023

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