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Hurricane Zeta makes landfall as Cat 2

The storm is expected to gather speed before making a second landfall along the Mississippi coast on Friday evening.

BMS cyber and technology head Gordon departs

The exit is understood to be part of a restructuring of the broker's cyber team.

Canopius taps investors for $400mn in Samsung-led raise

The Lloyd's (re)insurer will deploy some of the funds to build its US onshore presence.

Climate change must be top of the risk agenda: Axa’s Buberl

The insurance industry should use the wake of the pandemic to “build back better” says the Axa CEO.

• Superscript raises additional £8.5mn after £8mn series A round in February
• Tesla ends Musk D&O arrangement and secures conventional cover
• MS Amlin Underwriting makes Slabbert CEO as Clementi steps down
• QIC profit falls 16% in Q3 to $182.9mn
• Peak Re completes $250mn hybrid debt sale
• Terrorism market shows early signs of turn but facilities drag on improvement

Opinion

Covid-19 is accentuating changes in the carrier-MGA relationship

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

In Brief

Marsh promotes insider to Continental Europe risk management leader

Swiss Re CorSo admits Württembergische Versicherung to IPA platform

Aviva’s Tiernan joins LMG board

Pen Underwriting appoints Gallagher’s Breslin as CFO

Steamship Mutual ups rates by 5% for 2020-21

Peak Re hires Swiss Re executive as chief economist

Analysis

InsurTech deal funding surges 63% to $2.5bn in Q3: Willis Re

Deal volume also spiked by 41% and included several high-profile transactions.

Positives for London from the early US Q3 reporters

Rate acceleration, frequency benefits and less-than-feared top line pressure were among the takeaways from US disclosures.

Minor Q3 windstorms may reap bigger changes in Florida market

Repeated pelting from smaller cat losses presents a host of challenges for carriers.

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.

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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