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Argo board will seek to make Rehnberg permanent CEO: sources

The insurer requires permission from Bermudian authorities to affirm the appointment.

AGCS names Williams as global financial lines head

The executive, who replaces Bernard Poncin, is charged with reviewing financial lines strategy.

Vibe underwriters seek new backing after run-off decision

Staff explore funding for an MBO or merger after management calls time on the syndicate.

LMA publishes marine and property cyber clauses

Lloyd’s has announced it will clamp down on silent cyber in the new year.

• Everest Syndicate 2786 cleared for 30% capacity increase
• IAIS adopts new capital standard
• Rolls-Royce renewal delayed until year end
• Lemonade IPO shelved despite improving profitability
• Allianz gets green light for Chinese company
• Talisman sued by Louisiana museum over surety claim

Opinion

Pioneer is on life support after almost a decade of weak underwriting

Specialist entrepreneurial brokers think they can chip away at the corporate generalists

How can London have a cultural problem, but no individual company have one?

Hiscox is fresh evidence US casualty reserves are a ticking time bomb

In Brief

DataCubes raises $15.2mn Series B round

Elseco picks insider to lead aviation push

Arch names Ray senior vice president for A&H

Pen Underwriting promotes insider to COO role

Willis adds JLT’s Danyluk to property team

WR Berkley adds Talisman as non-executive director

Analysis

AIG re-underwriting actions a ‘once in a generation’ event

Inside P&C analysts applaud loss ratio improvement but note there is more work to be done on expenses and capital efficiency.

European reinsurers continue growth push as hopes rise for rate hikes

The four European carriers have significantly outpaced Bermudian reinsurers in GWP growth so far this year.

Vibe: Another casualty of the 2010-2015 start-up cohort

Full syndicates approved in the five-year period have generally underperformed.

Insider 50 grows despite Hiscox losses

The index grew for the second consecutive week, recouping the entire 1.6 percent loss made in October.

Prendergast and Layzell lead the 2019 Cyber Rankings

Changes in leading positions point to a fluid market for cyber talent.

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