Underwriting performance in the first half of 2024 at Lloyd’s was the market’s strongest in 17 years, the rating agency said, but casualty reserves are a potential weak spot.
‘Gray zone’ attacks against ships, undersea cables, and offshore oil installations are a major risk in 2025, the broker has warned in a new political risk report.
More women were featured in Gracechurch’s “London’s Leading Brokers 2024” than in the previous year’s broker rankings, while the ‘Big Five’ broking houses dominated the report.
Chief underwriter joins from rival carrier Lancashire and was previously a broker at Guy Carpenter.
Three London additions to the specialty re/insurance broker come from rival intermediaries Howden and Price Forbes.
Robert O’Connell was previously CEO of Bermuda-based Cyber Re and Platform Labs, focused on cyber underwriting, data science and analytics.
Africa Specialty Risks Syndicate 2454 is operating through its service company in the Dubai International Financial Centre.