Arcus

Arcus active u/w Shepherd and NA treaty head James out as ERS brings in new talent

2021-05-07T13:55:00+01:00

Arcus Syndicate 1856 has parted ways with its active underwriter Alex Shepherd and head of North American property treaty Nick James shortly after parent company ERS announced plans to onboard new senior underwriters, The Insurer can reveal.

Lancashire

Numis raises Lancashire price target on specialty lines expansion

2021-05-07T10:39:00+01:00

Numis Securities has raised its target share price on London-listed carrier Lancashire on the back of its specialty lines expansion, highlighting the potential for strong returns and capital distributions in future years.

The Insurer TV – Prospective

The Insurer TV: Split RITCs – the next evolution of Lloyd’s legacy?

2021-05-07T10:31:00+01:00

Split reinsurance-to-close (RITC) transactions at One Lime Street have the potential to become as common as Part VII transfers in the UK company market with the support of both Lloyd’s and the Prudential Regulation Authority (PRA).

Ki lloyds

Ki CEO: more competitors will adopt digital follow-only model

2021-05-06T16:46:00+01:00

Ki CEO Mark Allan has predicted others will attempt to follow the model of a digital follow-only syndicate, stating that the platform’s early success serves as proof for the potential and growing need for technology in the London market.

ProAssurance Q1 results

ProAssurance falls to UW loss as Lloyd’s CR hits 123.4%

2021-05-05T23:14:00+01:00

ProAssurance reported a slight beat on analysts consensus in 2021’s first quarter despite the carrier posting a 110 percent consolidated combined ratio for the period and its Lloyd’s business’ loss ratio jumping 14.6 points due to higher property and catastrophe events.

Bronek-Masojada

Masojada: market hardening to continue until 2023

2021-05-05T16:48:00+01:00

Hiscox CEO Bronek Masojada has said that the (re)insurance market will continue to benefit from hardening rates for the next two years after the carrier reported top-line growth driven by favourable pricing momentum in the first quarter of 2021.

LV Bain

MPs warn over Bain Capital’s LV= takeover bid

2021-04-06T16:45:00+01:00

British MPs are to release a report later this week which will outline a series of concerns over the Liverpool Victoria (LV=) Group’s plans to demutualise and sell itself to US private equity group Bain Capital.

CFC

CFC acquires Australian cyber security provider Insane Technologies

2021-03-17T08:05:00+00:00

London cyber-specialist MGA CFC has acquired Australian cyber security and incident response provider Insane Technologies.

Inigo Lloyds

Inigo completes acquisition of Syndicate 1301

2021-03-16T07:12:00+00:00

Newly launched specialty (re)insurance start-up Inigo Limited has completed the previously announced acquisition of Lloyd’s managing agency StarStone Underwriting Limited (SUL) as well as its managed Syndicate 1301 from Enstar and Stone Point Capital.

helios_uw_index

Helios prepared to “ruffle feathers” as it moves to secure deals

2021-03-10T08:09:00+00:00

Lloyd’s investment vehicle Helios is poised to begin “firing out offers” for potential nameco acquisitions having successfully secured £53.5mn ($74.3mn) of new funding in its latest capital raise.

Arcus

Arcus active u/w Shepherd and NA treaty head James out as ERS brings in new talent

2021-05-07T13:55:00+01:00

Arcus Syndicate 1856 has parted ways with its active underwriter Alex Shepherd and head of North American property treaty Nick James shortly after parent company ERS announced plans to onboard new senior underwriters, The Insurer can reveal.

Patrick Tiernan – Lloyd's

Tiernan begins Lloyd’s chief of markets role

2021-05-04T12:14:00+01:00

Patrick Tiernan has today started his role as chief of markets at Lloyd’s.

Fergus Cooney – Carbon

Carbon continues analytics build-out with Cooney hire

2021-05-04T10:58:00+01:00

Carbon Underwriting has appointed Fergus Cooney as data analytics engineer as the MGU continues to expand its data analytics capabilities.

IM-London-skyline-city-Cranbrook

Kaufman’s Cranbrook makes healthcare move with Dual hires

2021-04-30T23:04:00+01:00

Cranbrook Underwriting has made a move into the healthcare space with the hires of Gareth Absalom and Carolyn Pritchard from Dual Corporate Risks.