News

Insurance

Lloyd’s-backed cyber start-up Trium nabs industry veteran for top claims role

The monoline carrier entered the US cyber market with ex-Aspen leaders and Pelican backing.   19 January 2023

Insurance

RSA shakes up CIO leadership as it plots major digital transformation

The insurer hires former QBE, DXC, LV= leaders to drive its technological transformation.   19 January 2023

Insurance

Reinsurance shortfall costs top US cedent its A-grade rating

The nat cat insurer remains on negative outlook as reinsurance gap could further dent strength.   19 January 2023

Insurance

1.1 reinsurance renewals cleared as cedents bent to capacity: Aon

Resignation from additional limit could put some cedents back on the market Q1.   19 January 2023

Insurance

Lloyd’s to hunt for new Asia CEO following exit for WTW after 11 years

Former Lloyd’s Asia CEO moving back to the UK for an ‘exciting new role’ at WTW.   18 January 2023

Insurance

Marsh picks former WTW veteran for top credit specialties role in UK

The broker sees opportunities in this space in a highly complex economic environment.   18 January 2023

Insurance

Aviva and Arcadian agree direct and facultative property binding deal

The deal is arranged by Ardonagh Group’s reinsurance broker Inver Re.   18 January 2023

Insurance

UK motor insurance prices rise 30% y/y, outpace core claims costs

Repair costs remain the upward menace in claims costs; replacement costs finally ease.   18 January 2023

Insurance

Pole position: Helios seeks more opportunity at Lloyd’s

Helios Underwriting is raring to go as the peak of the current market up-cycle arrives. With its increase in retained Lloyd’s capacity and latest acquisition secured, not even Bermuda will crash the party this year, says CEO Nigel Hanbury.   18 January 2023

Insurance

California will show huge flood insurance gap despite private covers

Private flood insurance in California likely grew 24% in 2022 after 35% growth in 2021.   17 January 2023

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