Regions
London
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ID Comment: Four takeaways from the business interruption test case
The Supreme Court's ruling in favour of policyholders was controversial and throws up interesting problems for carriers
Hard PI and D&O market 'spurred New Dawn Risk UK'
Broker created new division because of hard market and challenging conditions, says chief executive
Insurers’ ratings ‘unaffected’ by BI ruling
UK court ruling has no significant bearing on non-life insurers’ credit ratings, Fitch says
Bermuda
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Rise in Bermuda insurance registrations
More insurance entities registered on the island than in 2019
Hamilton Re names Scully casualty insurance head
Elaine Scully joins Bermuda reinsurer from Axa XL
Convex raises $500m from Sixth Street
Stephen Catlin-led re/insurer has now raised more than $3.2bn to deploy into a hard market
Europe
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RSA acquisition gains key approvals
Purchase by Canadian insurer Intact Financial and Danish insurer Tryg receives key shareholder and regulatory approvals
ID Comment: Four takeaways from the business interruption test case
The Supreme Court's ruling in favour of policyholders was controversial and throws up interesting problems for carriers
Hard PI and D&O market 'spurred New Dawn Risk UK'
Broker created new division because of hard market and challenging conditions, says chief executive
Americas
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Rise in Bermuda insurance registrations
More insurance entities registered on the island than in 2019
ProSight to go private in $586m deal
TowerBrook Capital Partners and Further Global Capital Management set to acquire US specialty insurer
Stockwatch: Beazley woes continue as stock sinks again
Insurers underperform the broader markets as bearish sentiment continues into new year
Asia-Pacific
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M&A insurers ease back on exclusions to secure market share in Asia
Asia’s more favourable business climate post-Covid-19 presents huge opportunities, but also increased exposure risks
Aon expands Apac capital advisory unit
Latest hire boosts new unit created in November
Howden launches in Australia with Steadfast partnership
Strategic partnership will support Steadfast’s London market broking requirements
Middle East and Africa
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Denis Haenzi retires from Echo Re
Haenzi oversees the French-speaking African markets at the Zurich-based reinsurer
Swiss Re CorSo gains South African licence
Business will target medium-sized and large companies, providing full range of its products
Applied Underwriters launches European specialty unit
Move follows the acquisition of the renewal rights to StarStone’s European financial lines business
Global
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