Reinsurance
Air India crash claim could reach around £150m
The fatal crash of Air India flight AI171 on Thursday (12 June) is expected to cost the insurance industry more than $200m (£147.2m), more than the direct written premium for aviation in India, according to analysts GlobalData.
Lloyd’s Tiernan shares his vision for London market
Patrick Tiernan has marked his first day as Lloyd’s CEO with a LinkedIn post, reflecting on his challenging medical journey and his hopes for the future of the London insurance market.
Could aviation insurance be about to skyrocket?
David Worsfold examines how an increasing number of claims and capacity issues are changing conditions in the airline insurance market.
Big Interview: Jason Richards, Swiss Re
Jason Richards, Swiss Re CEO for UK and Ireland sits down with Scott McGee to talk through company priorities, the UK property insurance market, and what he thinks must be the top priorities for the next CEO of Lloyd's.
Stuart McMurdo, Accredited UK and Europe
Stuart McMurdo is president of Accredited UK and Europe, which has swiftly established itself as a leading specialty MGA insurer.
Adrian Cox, Beazley
Beazley’s CEO Adrian Cox plans to sponsor more cyber catastrophe bonds in 2025 as the specialty insurance and reinsurance underwriter continues to focus on growth.
Paul Morden, Munich Re
Paul Morden is CEO of Munich Re’s life reinsurance strategy in the UK and Ireland.
Jason Richards, Swiss Re
Jason Richards is responsible for managing Swiss Re’s property and casualty reinsurance business in the UK and Ireland.
David Howden, Howden Group
David Howden’s 30th year as founder and chief executive of Howden Group “proved to be one to remember”, with Howden managing to break the £3bn revenue barrier.
Patrick Tiernan appointed Lloyd’s CEO
Patrick Tiernan has succeeded John Neal as CEO of Lloyd’s, with his tenure kicking off on 1 June 2025.
Clear rebrands MGA arm; Sapiens acquires AdvantageGo; Markel’s head of tech
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Commercial insurance rates fall 6% in Q1
UK commercial insurance rates fell 6%, on average, in the first quarter of 2025, according to the Global Insurance Market Index released today (24 April) by Marsh.
Is the insurance industry ready for the full force of climate change?
Bharat Raj, head of London markets at insurance consultancy Broadstone, examines whether the insurance industry is adequately prepared for the magnitude of climate change-related losses.
Brown & Brown buys broker; Crif and Crawford collab, Atec hire
Weekly Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurers struggle to fill IT and data job vacancies laid bare
Roles that are critical to core insurance operations are still heavily concentrated in London, plus providers are struggling to fill their IT and data roles, data analysis produced by Michael Stefan, partner at executive recruitment firm Hanover, has…
Addept’s legal expenses suite; Allianz’s sports fund; Admiral Money’s CEO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurers eye increase in terrorism cover sales
Insurers are tentatively anticipating an uptick in the number of businesses buying terrorism cover, following changes to the Pool Re reinsurance scheme last week.
Tech shift in insurance slashes underwriting and pricing job vacancies
Automation and artificial intelligence-driven algorithms are reducing the number of new underwriting hires at the start of 2025, according to exclusive data analysis by Michael Stefan, partner at executive recruitment firm Hanover.
What the future holds for multi-storey property insurance
One year on from the launch of the Fire Safety Reinsurance Facility, Scott McGee examines if it has improved access to cover and if efforts to remove cladding are enough to reduce the price of buildings insurance on a long-term basis.
Access deal; Clearspeed’s work with 1st Central; Lockton’s risk lead
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
21 businesses vie for a place in latest cohort for Lloyd’s Lab
The Lloyd’s Lab held a pitch day for its 14th cohort earlier this week, with 21 businesses vying for a spot in the 10-week accelerator programme.