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The proportion of freehold capacity for 2026 is up by 35% to £218mn. -
Zurich’s interest in a specialty carrier that moves the dial on cyber is no surprise.
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The CEO said Beazley would retain its brand and management and gain $9bn of premium.
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The bank observed that multiples in the last M&A cycle ranged from 1.6x to 2.5x.
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The company said prior bids from Zurich “significantly undervalued” the business.
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The deal would create a $15bn specialty insurer and mark Zurich's entry into Lloyd’s
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Following on from Part I, we look at the hazards to navigate in building internationally from Lloyd’s.
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Lloyd's said Jim Bichard's experience included advice on innovative capital structures.
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Plus, the latest people moves and all the top news of the week.
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Chaucer and Beazley are among the syndicates looking to take on new geographies.
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A key area of focus for the watchdog this year is delegated authority.
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The trade body called for a new Financial Services Bill early in 2026.
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The former Aon executive joins the reinsurance intermediary in London.
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Andrew Creed was named group president in addition to CFO last year.
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The executive worked at Price Forbes in various positions, including aviation director and LatAm CEO.
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The executive spent almost 30 years at Markel International.
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The carrier has also promoted Jamie Pedro to head of specialty re, Bermuda.
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The Corporation ranked in the bottom quartile in last year’s survey.
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The biggest riser in this year’s Allianz Risk Barometer was AI.
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CRC and Alliant are among those investigating the potential for new vehicles.
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The specialty reinsurance market is experiencing high competition and staff turnover.
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Ryan has consolidated its financial lines underwriting operations under a united brand.
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The sale will see a transfer of renewal rights and the product recall team.
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The facility is backed by a consortium including Arch, Munich Re Specialty and Scor.
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There may be pain yet to come as claims start to bleed into an underpriced market.
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The specialist intermediary will serve nature developers and investors.
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Georgina Meyer joins the broker as executive director of UK property.
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The MGA platform has launched more than 20 new vehicles since 2021.
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The report emphasises the need for clarity around roles and responsibilities.
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Tokio Marine HCC, Chubb, IQUW and BluNiche are also on the tower.
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Plus, the latest people moves and all the top news of the week.
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The CEO said the industry’s penetration outside its traditional heartlands remains “woeful”.
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It is understood the marine reinsurance programme renewed largely flat.
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Further rate increases are anticipated through 2026.
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Almost 90% of respondents felt they could be themselves at work.
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The executive spent a year as Ki Syndicate 1618 active underwriter.
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The executive is leaving her role as HDI Global UK and Ireland CEO.
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The carrier has appointed Simon Hunt as interim CEO and Ger Twomey as interim CFO.
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Smart-follow capacity has ballooned but that doesn’t mean key facilities will keep growing.
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Global head Bailey said SME demand has seen a “significant increase” since the Jaguar Land Rover attack.
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Talbot’s former hull head Vicky Hayward has joined Rubicon Specialty to launch a hull account.
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The recruit is expected to take on a role at the WTW/Bain Capital start-up after sitting out a year of gardening leave.
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The company will manage Octave-backed syndicates 4242 and 1416.
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The broker's M&A and PE head Paul Knowles has been named construction chair.
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Syndicate 3705 adds to the MGA’s roster of capacity providers.
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Weather events and potential increases in US casualty reserves remain sources of volatility.
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The PVT market saw falling rates and several risk losses during 2025.
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The executive replaces Andrew Brooks, who served two consecutive terms.
