GC property cat ROL index – 1990 to 2020

Guy Carpenter remains an upbeat outlier on 1.1 rates as Swiss Re adds to caution

2020-02-20T16:22:00+00:00

Guy Carpenter remains an outlier on its 1.1 renewals stance as Swiss Re became the latest firm to strike a more cautious note when it published its FY 2019 results today.

FAC – Lloyd's

The FCA on the London market: a curious critique

2020-02-19T19:33:00+00:00

Another year, another report from the UK regulator the Financial Conduct Authority (FCA) on the state of the country’s financial services sector, examining the ways in which the financial environment is changing and the impact of these changes on market effectiveness.

Ardonagh spotlight

Spotlight now on Ardonagh as GRP finds new investor in Searchlight

2020-02-03T20:03:00+00:00

The news yesterday that UK broker aggregator GRP has agreed terms to sell a majority stake to the US PE House Searchlight Capital Partners has focussed the spotlight on its larger rival Ardonagh, the company founded by GRP’s executive chairman Peter Cullum.

Bill Cooper – TigerRisk

TigerRisk appoints Cooper as London capital advisory head

2020-02-21T07:17:00+00:00

TigerRisk Partners has appointed former Lloyds Bank insurance head Bill Cooper as managing director of capital advisory in the latest move by the US reinsurance intermediary to build out its London platform.

Miller

Willis exploring potential Miller sale

2020-02-20T17:27:00+00:00

Willis Towers Watson has confirmed it is looking at options for London wholesale broker Miller Insurance Services, which it acquired in 2015.

Pool Re Houses of Parliament

Pool Re relaunches VSAT; upgrades premium discount to 7.5%

2020-02-18T10:35:00+00:00

Pool Re, the UK state-backed terrorism reinsurer, has relaunched and upgraded its landmark Vulnerability Self-Assessment Tool (VSAT), designed to help instil resilience for UK businesses and to cut the cost of terrorism premiums for qualifying insureds.

Ardonagh spotlight

Spotlight now on Ardonagh as GRP finds new investor in Searchlight

2020-02-03T20:03:00+00:00

The news yesterday that UK broker aggregator GRP has agreed terms to sell a majority stake to the US PE House Searchlight Capital Partners has focussed the spotlight on its larger rival Ardonagh, the company founded by GRP’s executive chairman Peter Cullum.

Miller

Willis exploring potential Miller sale

2020-02-20T17:27:00+00:00

Willis Towers Watson has confirmed it is looking at options for London wholesale broker Miller Insurance Services, which it acquired in 2015.

Renaissance Re and AXA Liabilities Managers

Axa LM and RenRe strike deal for TMRe legacy book

2020-02-04T15:14:00+00:00

Axa Liabilities Managers (Axa LM) has agreed to acquire a legacy book from RenaissanceRe which the (re)insurer inherited through its $1.5bn acquisition of Bermudian neighbour Tokio Millennium Re.

Pioneer Underwriters

Pioneer agrees deal with K2 Insurance Services

2020-02-04T10:49:00+00:00

MGA Pioneer Underwriters has agreed commercial terms for a transaction with K2 Insurance Services in a move which will see the US program manager and MGA take over Pioneer’s underwriting divisions and personnel.

Bill Cooper – TigerRisk

TigerRisk appoints Cooper as London capital advisory head

2020-02-21T07:17:00+00:00

TigerRisk Partners has appointed former Lloyds Bank insurance head Bill Cooper as managing director of capital advisory in the latest move by the US reinsurance intermediary to build out its London platform.

Fiona Luck and  Information Age Dame Jayne-Anne Gadhia

Financial sector gender diversity report author to sit on Lloyd’s culture group

2020-02-11T00:37:00+00:00

As part of an effort to address criticism of its workplace culture, Lloyd’s has recruited several prominent figures including former Virgin Money CEO Dame Jayne-Anne Gadhia to join a new Fiona Luck-led independent advisory group.

Caroline Pritchard – Swiss Re Solutions

Swiss Re CorSo names Pritchard as head of distribution UK

2020-02-11T12:56:00+00:00

Swiss Re Corporate Solutions (CorSo) has appointed former Crawford global relationship leader Caroline Pritchard as head of distribution UK, as the the reinsurance giant continues to shake up its loss-making primary insurance arm.

HWI

HW International continues growth with Loring arrival

2020-02-11T00:07:00+00:00

HW International (HWI) has continued on its recent expansion push by adding to its capabilities in the political violence, terrorism and cyber insurance markets with the hire of Paul Loring.