Hedge fund reinsurer drops 10% as Bermuda-based re/insurer SiriusPoint falls 9% in torrid week for insurance and reinsurance stocks

Kinetic Insurance Services will write complementary portfolio of business and provide access to ‘new and emerging markets’

Hunt was named interim chief executive in February following the departure of former chief executive Stephanie Ogden

Last results ‘really successful’ despite ongoing underwriting deficit, argue Jennings and Grose

Insurance Day’s basket of stocks falls by 2.4% this week with only four stocks gaining in value

English courts are favouring reinsureds by taking wide construction approach to the aggregation of Covid-19 losses

Marine mutual trims combined ratio to 106% as pool claims revert to normal levels, but performance lags top-ranking clubs

Introduction of a new consumer class action regime in England and Wales could increase litigation risk significantly for businesses and their insurers

Shares in London-listed Hiscox climb 13.5% amid bid speculation

Regulator is also raising threshold for subsidiarisation of branches

Underwriters willing to adapt to technological and geopolitical change will be better positioned when pricing eventually catches up with risk, Adrian Scott, Geo Underwriting's head of marine and leisure, says

UK insurers face a June 3 deadline to complete a gap analysis, as regulators step up efforts to embed climate risk management into governance and risk frameworks