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Markel ILS unit Nephila suffers 7.7% further cut to AuM, forcing write-down
Alternative Risk Transfer
Assets had fallen 8.2% already in Q3 and are now down 18% for full-year 2022.   2 February 2023
Cyber rate rise slows, financial lines fall amid global headwinds
Insurance
The impact of inflation on asset values and claims costs to be the main concern for insurers: Marsh.   2 February 2023
Marsh McLennan picks new CEOs to tackle increasing interconnected risks
Insurance
New international, US and Canada CEOs to lead a new collaborative effort across wings.   2 February 2023
Insurance
Its latest round gives it a pre-money valuation of £175m and 75% uplift on previous fundraise.   2 February 2023
Insurance
The executive replaces Richard Williams who is returning to the UK.   2 February 2023
Insurance
P&C Re and L&H Re split up; regional presidents roles no longer exist in the new set-up.   2 February 2023
Insurance
The Bermuda reinsurer likewise sought out specialty lines most stressed by war in Ukraine.   2 February 2023
Insurance
New hires to lead DUAL’s risk/compliance, actuarial and data analytics functions.   1 February 2023
Insurance
Price adequacy in select casualty lines looks more precarious as social inflation looms.   1 February 2023
Insurance
The move follows the departure of its current lead to pursue an external opportunity.   1 February 2023

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