News

Insurance

US cyber insurance market tempts start-up to monoline run at $1bn GWP

Specialisation trumps diversification & risk management folds in slowly as segments grow.   5 January 2023

Insurance

HDI appoints ex-Aon/WTW talent to lead UK&I motor fleet underwriting

The appointee has over 30 years of motor fleet insurance experience.   5 January 2023

Insurance

Tokio Marine Kiln puts up fresh capacity for marine cargo insurtech MGA

The Lloyd’s coverholder is also on fresh funding for its AI-priced & on-demand cargo cover.   4 January 2023

News

1.1 renewal pricing likely hit or beat reinsurer dreams

‘We would not be surprised to see more capital being raised and deployed through 2023.’   4 January 2023

Insurance

BMS reels in third major PE investor to pony up £355m for new growth

Existing management and PE supporters remain firmly in place for pending growth phase.   3 January 2023

Insurance

New Lloyd’s-backed syndicate enters US cyber market with ex-Aspen leaders

The Pelican-backed syndicate can write upto $50m in gross premiums for 2023.   3 January 2023

Insurance

Winter Storm Elliot delivers $5.4bn in insured losses from deep freeze

Commercial properties are projected to account for over 50% of the insured losses.   3 January 2023

Insurance

Former DVB lessor files suit in latest Russian aircraft claim

Ten global specialty insurers and ten Lloyd’s syndicates called to court in the case.   3 January 2023

Insurance

January 1 got done in property cat, albeit at a price: Gallagher Re

It may have cost some dearly, but select contested structures survived the renewals.   3 January 2023

Insurance

Helios adds Lloyd's capacity in year-end M&A drive

Three new targets, led by Risk Capital UTG Ltd., bring £5.7m in new capacity.   3 January 2023

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