Cash Assurances: risk management in an industrial environment

Published on November 23, 2023
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Beat appoints Cunningham as active underwriter of Syndicates 4242 and 1416

November 23, 2023
Beat Capital Partners has announced that Andrew Cunningham, former deputy active underwriter, has assumed the role of active underwriter of Syndicates 4242 and 1416, effective immediately.Cunningham is a qualified actuary and knowledgable underwriter who collectively holds more than three decades of experience.Acting as deputy active underwriter since 2019, Cunningham has previously held senior po

Tower falls to reported loss as large event costs rise to $55.6m for FY23

November 23, 2023
Kiwi insurer Tower has reported a net loss for the year ended September 30 2023, as the firm’s combined ratio deteriorated by more than 10 percentage points on the back of an elevated catastrophe loss experience.For the year to 30 September 2023, the insurer recorded an underlying profit including large events of $7.8 million, down on the $27.3 million seen a year earlier, with a reported loss of