XL Group has increased its Indian footprint with the acquisition of a minority stake in Indian broker, Mahindra Insurance Brokers Ltd (MIBL).
Demand for holistic cyber cover addressing business interruption and supply chain risks has increased significantly, Beazley and Munich Re have reported through their Vector partnership.
Pioneer Underwriters has promoted Kate McCluskey to head of professional indemnity (PI) international and US excess.
Ascot Group has named Joe Roberts as chief financial officer whilst promoting Rob Dimsey to the position of chief operating officer.
The Lloyd’s Market Association (LMA) has written to the Justice Committee conveying its support of reforms set out in the personal injury discount rate in the UK, also known as the Ogden rate.