News

Insurance

Hudson Structured Capital acquires majority stake in Occam

The company hired a director and head of trade credit, political risk, surety and terrorism reinsurance   17 August 2021

Insurance

Canopius looks to Swiss Re for top leadership position in US

Canopius USA has almost doubled its gross written premiums in both 2020 and 2021.   22 December 2021

Insurance

Hurricane losses may stop softening, says Wallin as he mulls new Lloyd’s launch

A more active than usual 2017 hurricane season with hurricanes Harvey and Irma hitting North America could prevent further declines in rates, Hannover Re CEO Ulrich Wallin, told Monte Carlo Today.   11 September 2017

Insurance

European reinsurers embrace online reinsurance pricing and placing platform Tremor

Participating companies include a cross-section of major US, Bermudian and European reinsurers.   23 October 2022

Insurance

A flight to quality of investors now applies to all investment opportunities in the property-cat space: TigerRisk

A flight to quality has taken place by investors that now applies to all investment opportunities in the property-cat space, Jarad Madea, head of TigerRisk Capital Markets and Advisory, told Intelligent Insurer.   13 September 2022

Insurance

AAMGA welcomes multi-year binding authority at Lloyd’s

The American Association of Managing General Agents (AAMGA) has welcomed the news that Lloyd’s is to allow multi-year binding authority agreements of up to 36 months—a change that the AAMGA had wanted for many years.   27 October 2015

Insurance

Marsh can cope with debt burden after JLT acquisition: S&P

Following an in-depth business and financial review, S&P Global Ratings believes Marsh&McLennan (MMC) will likely be committed to and able to de-lever back to a range appropriate for the firm’s current rating despite a very significant increase in debt to fund its acquisition of insurance broker JLT.   8 October 2018

Insurance

AIG's Talbot founder Rupert Atkin steps down, is replaced by ex-Marsh chair

American International Group (AIG) has appointed Marsh's David Batchelor as new non-executive chairman of Talbot Group, replacing the company's founder Rupert Atkin who is stepping down after 28 years.   9 May 2019

Insurance

MS Amlin bolsters marine underwriting with RSA hire

The hire most recently served as London Market hull & liability leader at RSA.   4 October 2021

Insurance

Insureon introduces MGA with over $3bn of capacity from Lloyd’s

Insureon, an online agent for small-business insurance, has formed a managing general agent (MGA), Insureon Underwriting Managers, to operate under the company’s wholesale brokerage subsidiary, Insurance Noodle.   22 July 2016

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