News

Insurance

Bermuda Monetary Authority names new managing director

He will help facilitate the BMA’s aim of setting and aligning with international best practices.   9 May 2022

Insurance

NSM Insurance acquired by PE giant Carlyle for whopping $1.8bn

White Mountains signs definitive agreement to sell the specialty insurance MGA.   9 May 2022

Insurance

Lloyd’s broker Tysers to be sold for £500m to Australian firm

It is the sixth-largest wholesale broker in the Lloyd’s marketplace with A$3.6bn annual GWP.   9 May 2022

Insurance

Chubb Canada president to exit after 20 years; replacement revealed

The appointee has nearly 30 years of experience in the Canadian market.   9 May 2022

Insurance

Pool Re reveals ‘most significant’ reduction in reinsurance pricing

The reduction will come into effect from October 2022.   9 May 2022

Insurance

Buffett’s buy: Alleghany shows Q1 underwriting rebound, but profit down

Reinsurance unit TransRe axed major deal to end Q1 with decline in net written premium.   6 May 2022

Insurance

Zurich nabs ‘notable’ Willis/Chubb/GCube leaders for new sustainability roles

The insurer aims to extend its efforts ‘beyond reducing our own carbon footprint’.   6 May 2022

Insurance

IAT Insurance taps ex-Liberty to boost excess casualty unit

The new hire held underwriting and leadership roles with Liberty, CNA and Aspen.   6 May 2022

Insurance

Have cyber criminals gone to war, leaving quiet on western fronts?

Cyber frequency dips in western claim counts even as key suspects appear in high gear.   6 May 2022

Insurance

SCOR plunges to Q1 loss on Ukraine war losses; combined ratio soars to 104%

An €85m provision for Ukraine war and higher nat cat dragged down results.   6 May 2022

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