News
Insurance
Newbridge Risk Partners, an underwriting cell on the Castel MGA formation platform, has secured a new binder with Lloyd’s and London company market capacity to support the continuing growth of its political violence and terrorism insurance and reinsurance business. 9 November 2017
Insurance
Bermuda (re)insurers are still suffering above-average catastrophe losses and combined ratios, said ratings agency Fitch. 23 October 2019
Insurance
Australia’s QBE is observing that business that in the past went through the London Market is increasingly being processed at other international locations, driven by cost pressure and client demands. 28 February 2017
Insurance
The re/insurance losses seen in 2017 and 2018 have given the market “a different feeling” this year, said Mark O’Riordan, group reinsurance director at Ecclesiastical. 23 October 2019
Insurance
Specialist Lloyd’s insurer Novae Group has hired Sarah Cracroft as marine trades underwriting manager. She will report to marine class underwriter Paul Hartley. 19 June 2017
Insurance
The move follows a large investment into BMS by an asset manager and private equity firm. 9 December 2019
Insurance
Pardus, the London-based independent managing general agent (MGA), has launched a facultative reinsurance facility for North American property interests. The division will be led by market veteran Andy Billinge and backed by Lloyd’s security. 13 October 2015
Insurance
Specialist Lloyd's insurer Novae Group has appointed Reeken Patel as its executive director and group chief financial officer (CFO). 17 January 2017
Insurance
Zurich Insurance has appointed Enrico Bertagna to the new role of head of managing general agents (MGA) network for commercial insurance. 13 July 2018
Insurance
ProAssurance’s consolidated combined ratio for Q3 is 103.6 percent, a two-percentage point increase quarter-over-quarter. The company said this was primarily due to changes in the mix of premiums earned and a lower amount of prior accident year favourable development due to its perception of loss trends in the healthcare professional liability market. 7 November 2019
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