-
The start-up hopes to write around $250mn of gross premium in 2022.
-
The business began underwriting at the beginning of 2021 following an $830mn capital raise.
-
The new London Bridge framework is less useful to the bulk of specialist ILS asset managers than it is end investors.
-
The UK’s largest firms including insurers and brokers will be mandated to disclose climate-related financial information from April.
-
OPEnergy will be the second MGA to launch on the platform this year, after Navium Marine was founded in April.
-
The significant pre-emption is predominantly driven by the transfer of a reinsurance book from the carrier’s UK platform to Lloyd’s.
-
The Corporation’s CEO also warned that the increasing use of captives was “dangerous” for clients.
-
New funding could address long-standing industry challenges and help the market’s move to digitisation, according to a letter from six trade bodies to the UK Treasury.
-
The regulator has flagged to London carriers the risks arising from transformation programmes across the market.
-
The veteran broker will move to a rival firm after three decades with Willis.
-
People movement is picking up in the sector, which is experiencing broadly stable rating thanks to ample capacity.
-
David Robinson will work in a senior business management role and report to CEO Matthew Fosh.