News

Insurance

Canopius to expand financial lines business across Asia Pacific

The re/insurer aims to establish a professional lines practice with a senior hire from AXIS Capital.   18 January 2024

Insurance

Aspen on hunt for new UK chief as Milner sails to lead Chaucer

Aspen appoints Lloyd’s active underwriter as interim UK CEO.   17 January 2024

Insurance

Future of talent: a DEI strategy is vital for the new reality

Changing demographics plus an increasingly globalised insurance workforce and customer base require different perspectives. It’s time to embrace a DEI transformation, says a panel of experts, or risk becoming irrelevant.   16 January 2024

Technology

InsurX exchange launches into D&F property market

InsurX plans to roll out its exchange to other specialty classes in 2024.   16 January 2024

Reinsurance

Validus Re brought 22% in 9M GWP growth and $304m in profits to RenRe

Underwriting profit at Validus Re was up ca 15x y/y as LAE steadied, despite book growth.   16 January 2024

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

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