US commercial P&C insurance price increases accelerated in Q4: CIAB
Commercial P&C insurance premium prices in the US increased by an average of 7.5 percent in Q4 2019, accelerating from +6.2 percent in the third quarter, led by a 13.6 percent average rise in umbrella, according to the latest survey from The Council of Insurance Agents & Brokers.
McGill adds to energy practice with StarStone onshore head Wilson
Expansive broking house McGill and Partners has continued to build out its energy and power team with the hire of Ben Wilson.
Marsh JLT Specialty replaces global aviation head Harker with Hanrahan
Marsh has promoted Garrett Hanrahan to global head of aviation at Marsh JLT Specialty, to succeed Simon Harker who is retiring after 44 years in the industry.
Kivu names Navigators’ Choi associate director
Cybersecurity firm Kivu has appointed Bridget Choi as associate director, as it looks to further align its services with the insurance industry.
Antares latest to retrench from marine hull market
QIC Global-owned Antares has become the latest carrier to scale back its marine hull portfolio as the class remains under pressure, The Insurer can reveal.
Pool Re adds new £100mn lower layer in XoL 1.3 renewal
The UK state-backed terrorism mutual Pool Re is adding a new £100mn layer to its cat excess of loss (XoL) program taking total limit to a new record size of £2.4bn, The Insurer can reveal.
McGill adds to energy practice with StarStone onshore head Wilson
Expansive broking house McGill and Partners has continued to build out its energy and power team with the hire of Ben Wilson.
Antares latest to retrench from marine hull market
QIC Global-owned Antares has become the latest carrier to scale back its marine hull portfolio as the class remains under pressure, The Insurer can reveal.
McGill builds energy and power team with RKH Specialty’s Oliveira
Expansive broking start-up McGill and Partners has appointed Ana Oliveira as a partner within its London-based energy and power team.
Kivu names Navigators’ Choi associate director
Cybersecurity firm Kivu has appointed Bridget Choi as associate director, as it looks to further align its services with the insurance industry.
Munich Re co-leads cyber insurtech At-Bay’s $34mn series B round
At-Bay has announced a $34mn Series B funding round led by Acrew Capital and Munich Re Ventures through its HSB fund, bringing the cyber insurance company’s total funding to $51mn.
Accredited partners with Inperio in UK solicitors’ PI market first
Accredited Insurance (Europe) Ltd (AIEL) says it has written the first professional indemnity policy for freelance solicitors regulated by the UK body, Solicitors Regulation Authority (SRA).