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Top Section
Latest News
A roundup of all the news you need today, including Perils’ increased estimate for insured losses from Storm Ciaran.
Most of the losses derive from France.
It will be the 16th consecutive year Gard has offered an owners’ general discount.
The broker said the casualty segment is approaching an “inflexion point”.
Behind the Headlines

Behind the Headlines: Navium Marine's Clive Washbourn on why MGAs are the fighter jets of insurance

How do you build a $400mn MGA? Navium Marine CEO Clive Washbourn told Behind the Headlines that his business is a "fighter jet" out hunting for deals. Navium has built scale by taking on risk "in a fairly aggressive way" with large line sizes available to deploy. Whilst the marine market is now coming under pressure, Washbourn still thinks there is "robustness" in rating, although making money in the volatile Red Sea war market is challenging.

Behind the Headlines is a fortnightly podcast hosted by Insurance Insider's senior reporter Sam Casey.

Get the inside scoop on the major stories shaping the London market through discussions with the journalists who broke them. Plus, hear from industry professionals on what these developments mean for the (re)insurance sector.

Every other Friday morning, Behind the Headlines will break down the biggest stories of the last two weeks. Sam will discuss these stories with the journalists who broke them: Catrin Shi, Fiona Robertson, Rachel Dalton and the rest of Insurance Insider's award-winning editorial team.

Plus, he will interview the big names from the London market, getting their perspectives on the state of the industry and the latest headlines.

Opinion

Basel III could lessen credit insurance demand from banks

Credit insurers may need to adapt their business mix, client base and types of deals underwritten to stay relevant.
Analysis
Achieving profitability is increasingly challenging in the volatile but historically lucrative market.
Risk managers are increasingly concerned about insurability.
Some reinsurers are considering frequency protection products.
Assuming Munich Re takes roughly a 3% market share of hurricane losses suggests a ~$20bn industry loss for Helene.
More News
Interviews
Interviews
The marine underwriter said the business had grown through taking “very big positions” on programmes.
The executive also highlighted SRCC in property treaties as a concern.
The carrier is looking to grow its specialty offering across Europe and APAC.
Nick Orton said the market is now pricing for non-peak perils, amid some surprise losses.

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Executive Business Club Meeting *Invite only*

Venue: Greenberg Traurig LLP, 1 Vanderbilt Avenue, New York

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Upcoming industry events

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MGA Claims Conference 2025

Venue: Queen Elizabeth II Centre, London

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Bermuda Risk Summit 2025

From our other titles

From our other titles

From Insurance Insider US

Commercial auto says: Don’t you forget about me!

MGAs outpaced the P&C industry for years, but growth has begun to stagnate.
From Insurance Insider ILS

ILS managers grapple with ‘surprise’ $5bn PCS Milton loss pick

The P&C industry reported its best Q2 combined ratio since 2021, but was still a loss-making underwriting result.
From Insurance Insider US

Q3 Earnings: Specialty insurers continue to pull ahead as competition heats up

A large number of new entrants and the growth of litigation finance challenge E&S enthusiasm.
From Insurance Insider ILS

Property cat pricing expected to firm heading into 1.1: Everest’s Andrade

Andrade flagged expected 5% to 10% increases in the US and Europe.