BPL launches BPL Re reinsurance broking division for credit, political risks and surety
The dedicated credit and political risk broker has launched BPL Re, to be led by Alistair McVeigh, who joins from Guy Carpenter, alongside Louis Harvey as director
Latest updates
Insurers urged to be bolder on nat cat risk as climate threats widen
The industry should work more closely with governments, investors and corporate clients if climate-exposed nat cat perils are to remain insurable, speakers warned at the City of London Corporation’s Global Risk Summit
M&A insurance: risk transfer to unlock dealmaking
Alistair Lester, CEO, private equity and M&A EMEA at Gallagher, said insurance is increasingly being used to transfer acquisition risks, facilitate deals, support financing, and help sellers secure cleaner exits
Investors favour scalable ILS structures as allocations rise, Gallagher Re says
Institutional investors are increasing allocations to insurance-linked assets, with demand focused on scalable and transparent structures offering direct access to underwriting returns
Lockton Re launches Brazil ILS platform
Reinsurance broker said its Brazilian SSPE capability will support cedants and investors seeking access to the country’s Letra de Risco de Seguro market
Everest to sell Colombia insurance operation to AIG
Two big US insurers agree a deal as Everest has agreed to sell its Colombia insurance business to AIG, in another step in its shift towards global reinsurance, wholesale and specialty insurance
Sprott joins AIG as global head of marine
Colin Sprott has joined AIG as global head of marine, according to Gordon Browne, global head of specialty
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England, BH1 1BZ - a USA Today company
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