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Ascot Group promotes Thompson to AUL chief, Keith to Bermuda CEO
Thompson takes over as Ascot Underwriting CEO from Group CEO Zaffino.
Latest News
Monica Cramér Manhem was most recently CEO at SiriusPoint International.
The chairman said PE ownership can be “sub-optimal” in softer market conditions.
The JC Flowers-backed broker will be marketed off around £10mn of adjusted Ebitda.
Ambac also announced it was selling its financial lines book to Oaktree for $420mn.
Behind the Headlines
Behind the Headlines: Hiscox’s Kate Markham on AI deployment and green underwriting in Lloyd’s
In this episode, Hiscox London Market CEO Kate Markham discusses the carrier's AI lead underwriting project with Google Cloud, and the opportunity the insurer sees underwriting energy transition business in the Lloyd's marketplace.
Behind the Headlines is a fortnightly podcast hosted by Insurance Insider's senior reporter Sam Casey.
Get the inside scoop on the major stories shaping the London market through discussions with the journalists who broke them. Plus, hear from industry professionals on what these developments mean for the (re)insurance sector.
Every other Friday morning, Behind the Headlines will break down the biggest stories of the last two weeks. Sam will discuss these stories with the journalists who broke them: Catrin Shi, Fiona Robertson, Rachel Dalton and the rest of Insurance Insider's award-winning editorial team.
Plus, he will interview the big names from the London market, getting their perspectives on the state of the industry and the latest headlines.
Opinion
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With SRG, Warburg is investing behind the thesis London is the gateway to the wider broking world
Adam McNestrie and Ben Wylie -
Next generation MGAs must maintain discipline
Rachel Dalton
Fear mounts in D&O market around risk of ‘AI washing’
The acquisition brings international M&A opportunities and a pipeline of London wholesale business.
Most Read
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Google joins Aviva in Lloyd’s Big-Game wins for 2024
06 June 2024 -
Oneglobal gears up to explore H2 sale
05 June 2024
Analysis
The track record of smart-follow vehicles is still young, but the segment is gaining traction.
Sources said London should dodge the worst deterioration on US liability, but might not escape unscathed.
Forecasters have warned that a number of meteorological factors could make this year the most active on record.
Concerning hurricane forecasts are among the factors driving tighter reinsurer capacity.
More News
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SRG secures Accredited capacity for MGA MX
05 June 2024 -
EQC Toka Tū Ake secures record $5.7bn of reinsurance
05 June 2024
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Alta Signa Europe opens Swiss office
05 June 2024 -
Aon appoints Reese to succeed Davies as CFO
04 June 2024
Interviews
Interviews
The CEO also discussed the need for portfolio diversification.
Carter said technology is creating more of an imperative to diversify the future insurance workforce.
The broker said there was an opportunity to take advantage of competition to improve outcomes for clients.
LMG's latest London Matters report reveals that UK capital has lost ground to the US and Bermuda in some lines.
Upcoming conferences & awards
ILS US Conference 2024
Venue: TBC, New York
Further information coming soon...
London Market Conference 2024
Venue: TBC, London
Further information coming soon...
Upcoming webinars
In Partnership With
Moody's
Join Insurance Insider, in partnership with Moody’s RMS, for a free webinar 10:30 ET/3:30 BT on June 27
In Partnership With
S&P
Join Insurance Insider, in partnership with S&P, for a free webinar, 10:30 EDT/3:30 GMT on June 25
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KBRA
Join Insurance Insider, in partnership with KBRA, for a free webinar, 10:30 EDT/3:30 BST on June 5
In Partnership With
Moody's
Join Insurance Insider, in partnership with the Insurance Solutions team at Moody’s, for a free webinar, 10:30 EDT/3:30 BST, July 11
Upcoming industry events
Baden-Baden Reinsurance Meeting 2024
Venue: Baden-Baden city
Event details TBD
From our other titles
From our other titles
From Insurance Insider US
MGA and fronting premium doubles in US since 2015, but what next?
MGAs outpaced the P&C industry for years, but growth has begun to stagnate.
From Insurance Insider ILS
Australian rule relaxation has yet to translate into ILS inflows
The regulation now allows pension funds a more flexible benchmark for measuring alternatives.
From Insurance Insider US
Q1 2024 stat data: Decade’s best underwriting results may hide worrying trends
Overly optimistic loss picks and worrying trends cast a shadow on best Q1 results in years.
From Insurance Insider ILS
Capital caution drives tighter final stage Florida reinsurance renewals
Concerning hurricane forecasts are among the factors driving tighter reinsurer capacity.