News

Insurance

Top six US broker Truist to sell ~$2bn stake to PE house Stone Point at $14bn+ value

The business, valued at $14.75bn, seeks to accelerate its growth and ‘remain competitive’.   16 February 2023

Insurance

CFC introduces policy encryption for cyber insurance in ‘market first’

The aim is to provide an additional layer of security against cyber threats.   16 February 2023

Insurance

Mosaic pushes for ‘high-quality’ talent with new leadership post

New hire has worked in international roles at XL Capital, Brit, WTW and Gallagher.   16 February 2023

Insurance

Rokstone taps ‘rising star’ from Nexus to establish and lead D&O line

Complex SME and mid-market D&O remains underserviced across the UK and EEA, it says.   16 February 2023

Insurance

Gallagher’s Pen lures Munich Re, Allianz talent to drive expansion

The MGA seeks to expand its broker network and diversify offering in the Midlands region.   15 February 2023

Insurance

AXIS commits to cut its greenhouse emissions 50% globally

The action is in line with the goals of the Paris Agreement to limit global warming.   15 February 2023

Insurance

Brit renews and expands flagship cyber consortium as demand rises

The consortium is projected to grow premium by up to 50% in 2023.   15 February 2023

Insurance

Indigo, Obsidian partner on new professional liability programme

The coverage will be available for primary and excess MPL on a monoline basis.   15 February 2023

Insurance

Howden uses e-placing platform Whitespace for North America property

The platform enables increase in speed and efficiency in insurance transactions.   15 February 2023

Insurance

MS Amlin-RiverStone’s £1.2bn deal largest third-party reinsurance-to-close executed in Lloyd’s market

MS Amlin and RiverStone finalise a landmark £1.2 billion RITC and LPT legacy deal.   15 February 2023

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