5+ day, 13+ min ago   (392+ words) ‘I am proud to be taking it into its next chapter,’ says new chief executive The Forum of Insurance Lawyers (Foil) has appointed insurance industry veteran Mark Huxley as its new chief executive, effective from 1 October 2026. Read: Willis Re appoints…...

5+ day, 1+ hour ago   (443+ words) ’Our clients are increasingly focused on diversifying sources of financial support, particularly as banks face growing balance sheet constraints,’ says chief executive Credit and political risk insurance (CPRI) broker BPL has launched a new business line designed to support corporates…...

5+ day, 6+ hour ago   (743+ words) With commercial liability losses reaching $174bn (£128.7bn) in the US last year, Swiss Re’s chief executive explains that legal system abuse is driving claims payouts that ‘are not connected with the original underwriting assumptions’ – leaving the reinsurer ‘very concerned’ Swiss Re has…...

6+ day, 7+ hour ago   (1360+ words) Jim Summers, chief executive of global specialties, and John Fletcher, chief executive at Willis Re Bermuda, lay the groundwork for this next generation reinsurance broker Willis Re is building a global reinsurance broker with the geographic reach and product breadth…...

1+ week, 13+ min ago   (933+ words) In the last two years, there has been ‘a true expansion of sidecars into either whole account sidecar structures or casualty-based structures’, driving ‘a great deal of attention’ from investors, says Aon Demand for sidecars – an established form of insurance-linked…...

1+ week, 5+ hour ago   (707+ words) Managing director of analytics explained that ‘reduced underwriting control’ is a ‘primary concern’ for reinsurers navigating the soft market cycle Credit rating agency AM Best has identified broker facilities as “a net credit negative” global risk facing the (re)insurance…...

1+ week, 6+ hour ago   (405+ words) ’We look forward to investing in the team and platform,’ says partner EQT has agreed to acquire a majority stake in specialist (re)insurance broker McGill and Partners from Warburg Pincus in a transaction valuing the business at $2bn (£1.48bn). Read: Aon…...

1+ week, 5+ day ago   (344+ words) ’I am delighted to be joining the team where I can use my client, sector and geographical experience to create long-term value and insights,’ says appointee Gallagher has appointed Steve Munday as managing partner for natural resources as it continues…...

2+ week, 5+ day ago   (898+ words) ‘When you’re in those really difficult times, the actual underwriting expertise, the risk management expertise, the discipline and getting the contract wording right is absolutely essential,’ says chief executive When Chris Jones became chief executive of the International Underwriting Association…...

2+ week, 6+ day ago   (285+ words) ’Fine art and specie is, and continues to be, a valuable part of Axa XL’s UK and Lloyd’s specialty business,’ says CUO Axa XL has appointed Steven Lawrence as head of fine art and specie for the UK and Lloyd’s,…...