Gallagher snaps up aviation broker Boston Marks
Arthur J Gallagher has snapped up Boston Marks Group which includes Boston Marks Insurance NZ in New Zealand, BMG Aviation in Australia and the book of business of Boston Marks Insurance Brokers in the United Kingdom.
RKH swoops on JLT Re for Asia Pacific marine head
RKH Specialty has named Julian Franzman as head of marine cargo, hull and liabilities for Asia Pacific.
CNA Hardy hands Carl Day active underwriter role
CNA Hardy has named Carl Day as Active Underwriter of Syndicate 382, taking on the role from Patrick Gage.
Ryan Group MGA Lodestar in talks with new capacity after RSA withdrawal
Lodestar Marine Ltd, the London-based fixed premium P&I MGA, is negotiating with fresh capacity following the decision by UK insurer RSA to withdraw from a number of London market classes.
Canopius, BMS unveils London energy hires
Lloyd’s insurer Canopius has confirmed the hiring of Beazley’s deputy head of energy Rachel Sabbarton to replace veteran Geoff Tin.
Ethiopian Airlines renewal a litmus test for sector hardening
The resolution of airline insurers to continue driving through rate increases will be tested by Ethiopian Airlines which goes to market this month ahead of a December renewal.
RKH swoops on JLT Re for Asia Pacific marine head
RKH Specialty has named Julian Franzman as head of marine cargo, hull and liabilities for Asia Pacific.
CNA Hardy hands Carl Day active underwriter role
CNA Hardy has named Carl Day as Active Underwriter of Syndicate 382, taking on the role from Patrick Gage.
Ryan Group MGA Lodestar in talks with new capacity after RSA withdrawal
Lodestar Marine Ltd, the London-based fixed premium P&I MGA, is negotiating with fresh capacity following the decision by UK insurer RSA to withdraw from a number of London market classes.
Merck’s NotPetya insured loss could still be $2bn
Pharmaceutical giant Merck may still be responsible for $2bn of insured losses from the NotPetya virus in June 2017 making it by far the largest insured cyber loss in the sector’s short history, according to the loss adjudication firm PCS today.
Cyber risks are global but insurance not meeting demand: Munich Re
Demand for cyber insurance is growing rapidly as increasingly costly events prove no market, sector or company is spared, irrespective of its size, from cyber risk, according to Munich Re.