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Schirmer and Beazley end cooperation on follow-only syndicate

The start-up Sequitur has initiated talks with around half a dozen other potential launch partners.

Aon, Willis set August vote dates as DoJ seeks more information

Aon warns that complying with “second requests” in the US merger review process can take a while.

Balasuriya succeeds Chilton as Capsicum Re chairman

The leadership shake-up comes after Gallagher completed its purchase of the company in January.

Opinion: Reimagining the Monte Carlo Rendez-Vous as (Re)Connect

ReConnect is a chance to reimagine the old Monte Carlo format in a digital way.

• Upstream market on brink of capacity contraction: Marsh JLT
• Downstream carriers approach adequacy as rates continue to climb: Marsh JLT
• Opinion: Who is next, AM Best?
• PPL usage surges at July renewals
• Axa XL makes McGovern UK and Lloyd’s CEO role permanent
• Insurtech Board chairman warns of start-up collapses

Opinion

Some reinsurers risk running Covid-19 net due to tighter wordings on retro policies

Curtailed insurance spend and a more cautious tone from underwriters will put bullish cyber growth targets out of reach

With a £3.6bn valuation for Ardonagh, Towergate’s rehabilitation is complete

Now is the moment for the Corporation of Lloyd's to adopt a new pro-growth paradigm

In Brief

Aon’s Healy to lead HDI Global motor fleet as Gwilt leaves

Direct Insurance Group hires specialist liability head

Allied World's Shohtoku to lead Asia Pacific after Garrison construction move

Axa XL marks a first with approval for China reinsurance subsidiary

Sompo GRS launches European team in London

Lloyd’s appoints Spain and Portugal country manager

Analysis

Insider 50 banks best monthly performance in over two years

Shares in London-listed carriers surged after cashing in from a hardening market.

FCA BI test case expected to pivot on causation and vicinity wordings

Eventual payouts could vary wildly depending on the interpretation of trends clauses, lawyers note.

London specialty rates accelerate further at mid-year

The prospect of a fourth consecutive year of underwriting losses and Covid-19 uncertainty has spurred additional rate momentum since January.

Insurance gender pay gap narrows to 30% but still over double UK average

Analysis of the limited number of insurance company reporters shows a slight improvement in median gender pay for 2019.

New frontrunners emerge in 2020 Political Risk Rankings

Axa XL’s Ian Nunn and Beazley’s Richard Hutton win the underwriter rankings while BPL Global’s Charlie Radcliffe tops the broker rankings.

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