News Home

Hyperion nears ~£700mn A-Plan acquisition

David Howden’s distribution group is poised to buy the UK retail broker from PE house HG.

ArgoGlobal marine and energy head O’Gorman set to leave

Marine liability class underwriter Andreas Muller has also been put under consultation as Syndicate 1200 continues a strategic review.

Lloyd’s CEO warns over potential impact of W-shaped recovery

Speaking on Tuesday, John Neal reiterated the market’s commitment to customers in the Americas.

Latest US wildfires to cost industry $4bn-$8bn: RMS

The vendor said about $3bn-$5bn of the loss total would come from Northern California, while between $1bn-$3bn would stem from Washington and Oregon.

• PartnerRe expands retro team under new leader
• Hurricane Teddy to make Canada landfall as a Cat 1 storm
• Beazley to exhaust clash reinsurance cover for 2020
• Brokers plump for Belgium for post-Brexit base
• Covid-19 has accelerated D&I initiatives: Lloyd’s Neal at Dive In
• Aviva considering $3.5bn sale of French unit: report

Opinion

FCA BI process: The likelihood of a heavy loss rises, but some elements are a silver lining

The FCA's BI decision, including the important precedents it sets, will be appealed

If ever Lloyd’s needed a good set of numbers, it was now

With the market scattered and a high degree of uncertainty around 1.1, rhetoric and narrative building may matter more

In Brief

HDI adds Zurich and Brit hires to political and credit risk team

Generali GC&C promotes insider McDonald to Asia underwriting head

Lockton Re hires Gen Re UK and Ireland specialty head Firshein for international P&C role

Axis Re makes insider Rodriguez international credit and surety head

Darag completes reinsurance transfer with Axeria Re

Axis Insurance hires Europe aviation head

Analysis

Executive pay 2019: Greenberg, Glaser and Wilson top the league table

Chubb CEO Greenberg's near-$20.5mn pay narrowly beats that of his closest rival.

Lloyd’s property, casualty and reinsurance segments book H1 underwriting losses

The property segment swings £1bn into the red from a small profit a year earlier.

Reinsurers’ RoE trails far behind cost of capital: Willis

Improved underwriting margins thanks to hardening rates were eclipsed by falling investment returns in the first half.

August marks fifth consecutive month of growth for the Insider 50

The index grew by 1.2 % over August as Floridian carriers and total return reinsurers lead.

Watkins and Horner lead the 2020 Political Violence Rankings

Horner stood his ground and won the broker ranking for the second consecutive year, while Watkins topped the underwriter league table for the first time.

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• US Property Cat
• Political Risk
• Political Violence
• D&O
• Aviation