News

Insurance

Sompo unveils new insurance CEO to drive Asia Pacific growth

New insurance CEO to spearhead strategic plans in the Asia Pacific region.   2 April 2024

Insurance

Davies launches European broking venture, poised for Lloyd’s broker

The new European broking operation will be based in Brussels.   2 April 2024

Insurance

Aspen sees profits surge despite Q4 decline in gross premiums

The re/insurer’s decrease in property exposures helped drive profitable annual results.   2 April 2024

Insurance

Ascot mines Vantage Risk leader for strategic US role

Senior hire to lead all aspects of Ascot US’ distribution and sales strategy.   2 April 2024

Insurance

Richard Brindle returns to Lloyd’s market after 26 years with Fidelis syndicate 3123

Fidelis MGU gets in principle approval to spearhead new Lloyd’s syndicate.   29 March 2024

Insurance

Re/insurers face $4bn hit from Baltimore bridge disaster, topping Costa Concordia claims

Losses maybe ‘manageable’ but will add pressure to the marine market, analysts warn.   28 March 2024

Insurance

Baltimore a ‘complex and expensive loss’, but well inside Lloyd’s budget

Claims ‘not outside the normal levels or expectations of what we should see in a given year’.   28 March 2024

Insurance

Beazley to offer additional follow capacity to Brit’s Lloyd’s syndicate Ki

Ki anticipates ‘material increase’ in the follow capacity it can offer in 2024.   28 March 2024

Insurance

Baltimore bridge collapse hits P&I segment at earnings turning point

P&I clubs had hit their first technical profit since 2016/17, finally put paid to Costa Concordia.   27 March 2024

Reinsurance

Reinsurers will take bulk of P&I claim after Baltimore bridge collapse

AXA XL led the current XoL reinsurance cover for International Group of P&I Clubs.   27 March 2024

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