News

Insurance

Dale Underwriting mines Markel for marine & energy liability team

A new press for growth follows the late 2023 capital injection by CVC.   15 January 2024

Technology

Lockton Re snags Lloyd’s, Aon talents to expand London cyber team

The broker sees cyber as the fastest growing commercial line of insurance.   11 January 2024

Insurance

Lloyd’s lifts the bar for letters of credit in central fund

Lloyd’s sets concentration limits based on credit rating of issuing bank.   10 January 2024

Insurance

Parsyl more than doubles Lloyd’s-backed cargo capacity in under a year

The increase to $55m makes Essential one of the largest cargo-only consortiums at Lloyd’s.   10 January 2024

Insurance

Canopius ramps up distribution leadership for growth in top markets

New heads to pursue fresh growth opportunities in the US, UK and Bermuda.   10 January 2024

Insurance

CFC lands former AXIS cyber head as CUO amid top-level shake up

Current CUO steps up as CEO as founders depart after misconduct investigation.   9 January 2024

Alternative Risk Transfer

Beazley sponsors first $100m 144A cat bond via Lloyd’s London Bridge

The bond provides multi-year, indemnity reinsurance protection for named storm and earthquakes.   8 January 2024

Reinsurance

Syndicates break ranks on pandemic BI: Berkley sues its XoL reinsurers

AXA XL, Brit, Liberty, Chaucer, Canopius, Everest, Validus and more called to account.   8 January 2024

Insurance

Insurers duck NotPetya cyber war exclusion ruling, settle with Merck

A lower court had already said that NotPetya was ‘not sufficiently linked’ to warfare.   8 January 2024

Risk Management

Stonybrook secures ex-AIG/Aon executive to drive global growth

New CEO to help expand its reach further into Europe, Eastern Asia and LatAm.   3 January 2024

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