Europe
We provide extensive on Europe's major re/insurers
Beazley appoints Wunderlich to lead property parametric underwriting
Parametric solutions are being 'increasingly used' to address the growing complexity of the risk landscape for property assets, Beazley says
BP Marsh full-year NAV surges 42% to £326m
Insurance-focused investment firm reports pre-tax profit more than doubled to £104.7m for the last financial year
FCA to launch ‘supercharged sandbox’ using Nvidia tech
Platform will host early-stage AI projects using Nvidia hardware and software
Allianz Commercial leads H&M slip on burning car carrier
London market understood to have 30% of Morning Midas hull cover, with Convex, Fidelis and Ai said to have follow positions on slip
Reinsurers’ catastrophe PMLs continue to grow: Moody’s
Despite moderating prices reinsurers are ‘generally still eager’ to deploy capacity, particularly for US wind risk
Supreme Court hands down landmark ruling on building remediation costs
Developers can now pursue negligent designers and contractors for legacy defect claims
Perils lowers southern Germany floods loss estimate to €1.56bn
Final figure is slightly lower than the loss aggregator’s previous estimate of €1.58bn, issued six months after the event
Specialty MGA Amiga launches in London
Former Nexus executive will lead new MGA with backing from BP Marsh & Partners
Some marine underwriters subsidising hull discounts with war risk windfall: Allianz’s Heinrich
Influx of MGA capacity is making life ‘tricky’ for established carriers, insurer’s head of hull says, with soft hull and machinery market set to continue
ERS promotes Hall to managing director
Hall joined ERS in 2018 and was most recently active underwriter
Arch Re promotes Soares and Jal to key roles
Carrier appoints Soares and Jal presidents of its Bermuda and European units respectively
Axa XL partners with McGill on digital placement
The insurer’s UK and London business will use McGill’s broking platform to digitally align its risk appetite with the broker’s client portfolio
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