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QBE makes Pryce interim CEO during search for Regan replacement

Former international CEO delays retirement to fill top job gap, as Harris takes his role.

Coward to acquire Pioneer’s remaining business

The company confirmed the pivot to an advisory firm as the former head of risk and compliance will take on the CEO role.

Seven in 10 black staff experience recruitment barriers: Lloyd’s study

Some 63% of black respondents consider visible representation of black people in an organisation a key factor in applying for a role.

Opinion: The carrier-MGA relationship is evolving faster than ever

A recent Clyde & Co survey shows carriers are more bearish than MGAs on capital provision, and their demands are changing.

• More than 60% of insurers to prioritise pandemic cover: BlackRock
• Everest estimates Q3 cat claims at $300mn
• Hamilton builds London M&A insurance presence with Young hire
• Ex-Catco leader Fredricks working on pillared ILS relaunch
• PartnerRe makes Hughes CEO of third-party capital
• Hannover Re targets 96% CoR over 2021-23

Opinion

With its upcycle plans for ERS, Aquiline is looking to attack the market with the assets it has to hand

The market expects a deal with Tysers, but there are three reasons why it may be wrong

Pan Re is the right answer but has come at the wrong time for a struggling UK government

Public commitments to D&I are welcomed but there is a wider question on who is holding firms to their word.

In Brief

Steamship Mutual ups rates by 5% for 2020-21

Peak Re hires Swiss Re executive as chief economist

Liiba adds Ed’s Clarkson to board

Whitespace pulls customers onto new advisory board

Efma names Allianz’s Pailhol as its new chairman

Gallagher hires Zurich exec as market management director

Analysis

All together now: The collective action threat for the (re)insurance sector

Legal developments and the growth of litigation funding create challenges for the industry.

Boeing's $2bn loss and the hard aviation reinsurance market

Some reinsurers pulled quotes as the shock waves of ~$650mn of creep reverberated.

Hardening cargo market moves closer to rating adequacy

Rate movement is positive and sustained, but has been overshadowed by a string of major losses.

Airline insurers push 20%-25% rate rises but premium levels still threatened

Underwriters are adjusting underlying exposures to push for rate while keeping premium increases modest for cash.

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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