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121 through 140 of 701 matching documents, best matches first.   Sort by date

Marsh Launches $50 Million Port Blockage Facility With Lloyd's, London Market Backing
Bridge collapse and subsequent disruption at the Port of Baltimore. Created by Marsh, the facility can be purchased independently or used to supplement existing cover, the broker ...
Source: BestWire   Date: August 20, 2024
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Rokstone Launches US Excess Casualty Business
Laurence Burrows as head of a new U.S. excess casualty division. Burrows will join Rokstone following his notice period. He has more than 15 years' experience specializing in U.S. ...
Source: BestWire   Date: August 16, 2024
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Canopius CEO Sees Excess and Surplus, Asia-Pacific Growth as First-Half Profit Jumps
Canopius said in an earnings statement. Insurance contract written premium rose to $1.84 billion from $1.50 billion. The undiscounted group net combined ratio worsened to 91.1 from ...
Source: BestWire   Date: August 12, 2024
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WTW Raises Earnings Targets as Second-Quarter Profit Rises
WTW raised its earnings targets for the year as second-quarter net income rose on higher revenue in the risk and broking segment. Net income rose to $142 million from $96 million a ...
Source: BestWire   Date: July 25, 2024
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London-Based Connect Group Launches Specialty Reinsurer Stability Re
Connect said in a statement. "Alongside existing capacities within the Lloyd's and London market, Stability Re will make additional capacity available to Stability Risk and also ...
Source: BestWire   Date: July 24, 2024
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Carbon Syndicate Aims for US Program Business With Lloyd's OK
Carbon Underwriting Ltd. is looking to U.S. program business after gaining in-principle approval from Lloyd's to launch Syndicate 5757, effective Jan. 1, 2025. The managing general ...
Source: BestWire   Date: July 23, 2024
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MGA XS Global To Open Operation in Dubai as Part of EMEA Push
The initial focus of XS Global (DIFC) Ltd. will be on natural resources sectors, including upstream, downstream, power generation and renewable energy in those areas, the company ...
Source: BestWire   Date: July 15, 2024
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Aviva Says It Tightened Exposure Management Through Symfos Partnership
Symfos to manage Aviva's exposure management. The partnership uses Symfos's exposure management software Orchestra to manage risks and automate data processing, Aviva said in a ...
Source: BestWire   Date: July 15, 2024
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MGA Rokstone Launches US Sports Casualty Division Headed by Industry Veteran
Rokstone said in a statement. He joins from Chasgatr Consultants Inc. where he was principal consultant. Previously, he was chief underwriting officer at Everest Re, chief ...
Source: BestWire   Date: July 10, 2024
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Aviva Closes on $319.4 Million Probitas Lloyd's Acquisition
Aviva said at the time. The acquisition includes Probitas' fully integrated Lloyd's platform encompassing its corporate member, managing agent, international distribution entities ...
Source: BestWire   Date: July 10, 2024
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Australia's AUB Closes on Acquisition of Financial Lines Writer Pacific Indemnity
Pacific Indemnity, a specialty underwriting agency based in Australia. The acquisition was completed July 1, the broker said in a statement. AUB said in May it would acquire the ...
Source: BestWire   Date: July 2, 2024
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Fidelis Lloyd's Syndicate Begins Underwriting With $180 Million Premium Target
Fidelis Partnership and Fidelis Insurance Holdings Ltd. began underwriting a range of insurance and reinsurance business through new Lloyd's Syndicate 3123. The Fidelis Partnership ...
Source: BestWire   Date: July 1, 2024
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After Blueprint Two Delay, IUA Pledges Support for London Market Digital Project
Blueprint Two project was postponed. The decision was taken to ensure that the change can be conducted safely with ample time for training and testing. "Taking time to ensure that ...
Source: BestWire   Date: June 26, 2024
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Steadfast Eyes Rapid International Expansion With Broker Network Strategy
United States and Germany. Over the past year, the group grew beyond its original Australian market and has set up operations in the United States and Europe, as well as New ...
Source: BestWire   Date: June 25, 2024
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Citing Readiness Concerns, Lloyd's Delays Blueprint Two
John Neal, chief executive officer, Lloyd's, said in a statement. "Market testing of the new platform is progressing but running eight weeks behind schedule, driven by onboarding ...
Source: BestWire   Date: June 21, 2024
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MGA ANV Global Services of Spain Expanding to US With Transactional Risk Cover
Spanish managing general agent ANV Global Services Inc. launched a transactional risk insurance program in the United States, the company said in a statement. ANV U.S. TRI will ...
Source: BestWire   Date: June 18, 2024
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Managing General Agent Rokstone Launches Sports Practice
Financial Strength Rating of A (Excellent). (By Terrence Dopp, senior associate editor, Best's Review: Terry.Dopp@ambest.com)
Source: BestWire   Date: June 17, 2024
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Aon Unveils $350 Million War, Political Risk Facility in Ukraine With US Backing
International Development Finance Corp. to reinsure war-related risks and advance insurance capacity in Ukraine, Aon said in a statement. Aon and the DFC will also collaborate on ...
Source: BestWire   Date: June 12, 2024
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IUA Forms Committee to Monitor London Market Blueprint Two Progress
Theo Butt, chief executive officer, Convex Insurance UK Ltd. He is a member of the IUA board and the association's deputy chair. Lloyd's and Velonetic earlier agreed to delay the ...
Source: BestWire   Date: June 10, 2024
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Helios CEO to Step Down; Plans for Lloyd's 'Follow-Only' Syndicate Dropped
Wade said in a statement announcing the moves. "We wish him the very best for the future." Helios Underwriting plc swung to a profit in 2023 as the Lloyd's underwriter moved toward ...
Source: BestWire   Date: June 7, 2024
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