New Bermuda and London capital could have “dampening” price impact: AM Best
Bermudian and London market (re)insurers have been able to raise equity with relative ease, which could have a dampening effect on pricing improvements, AM Best has commented.
Mosaic hires former Axa XL cyber specialist Tuplin to head international book
James Tuplin has joined Mosaic as head of international cyber underwriting following his recent departure from Axa XL, The Insurer understands.
Lancashire Syndicate 2010 outperforms forecast to return profit for 2018 YoA
Lancashire Syndicate 2010 has returned a profit for the 2018 Lloyd’s year of account (YoA) following a 6.9 percentage point improvement on its previous forecast range.
Lloyd’s accelerates Covid-19 response initiative ReStart as workstreams go live
Lloyd’s is moving forward with its delayed SME-focused pandemic response ReStart, with working groups reconvening this week and working to an accelerated six-week timetable period to develop solutions, The Insurer can reveal.
Lloyd’s syndicates Argenta 2121 and Coverys 1991 to keep 2018 YoA open
At least two Lloyd’s syndicates are not currently in a position to close their 2018 years of account (YoA) due to Covid-19 loss uncertainty and run-off.
Lloyd’s 2018 YoA on course for 3% capacity loss
Early syndicate results for the Lloyd’s 2018 year of account (YoA) are pointing towards a market loss of around 3 percent of capacity, according to Argenta Research, with results to date coming in slightly ahead of the previous quarter’s forecasts.
Euclid Transactional adds Luckett to London team
M&A-focused MGA Euclid Transactional has added to its EMEA-focused team with the hire of Dave Luckett, formerly of Ironshore.
AssuredPartners continues UK expansion with Scottish broker deal
AssuredPartners is set to make another acquisition in the UK as the Florida-based broker continues its build out on both sides of the Atlantic.
Mosaic hires former Axa XL cyber specialist Tuplin to head international book
James Tuplin has joined Mosaic as head of international cyber underwriting following his recent departure from Axa XL, The Insurer understands.
MS Amlin hires Skuld’s Draper as senior yacht underwriter
MS Amlin has hired Fergus Draper as a senior yacht underwriter, with the new arrival making the move after more than eight years at Skuld, The Insurer has learned.
Lebecq to leave LMG to join SRG
Clare Lebecq is to leave her role as CEO of the London Market Group to join HGGC-backed Specialist Risk Group.
Arch Managing Agency appoints Tucker as managing director
Louis Tucker has been appointed managing director of Arch Managing Agency Limited, replacing Ben Canagaretna in the role.