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Latest News
A roundup of all the news you need today, including the launch of energy-transition MGA Volt.
The appointment follows the departure of upstream head Chris Touhey.
The carrier is looking to grow its specialty offering across Europe and APAC.
The hurricane is likely to prevent rate reductions in property cat in 2025.
Behind the Headlines

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

Milton: Day-after mark-to-market favourable for Lloyd’s

A more residential-skewed loss would impact Lloyd’s carriers in treaty where market share is lower.
Analysis
Milton made landfall south of Tampa Bay at Category 3 on Wednesday night.
Increased interest follows ratings agency upgrades of Lloyd’s paper.
Most sources noted expectations of a $50bn+ event, but the range of outcomes is huge.
Space insurers are running at a near-200% loss ratio after booking losses of over $1bn in 2023.
More News
Interviews
Interviews
Nick Orton said the market is now pricing for non-peak perils, amid some surprise losses.
Pockets in the business are still experiencing significant stress, she added.
The MGA aims to capitalise on the growth and maturation of the continental MGA sector.
The executive said that being in Lloyd’s would help the carrier’s global distribution.

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FERMA European Risk Forum 2024

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Target Markets Annual Summit 2024


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From our other titles

From our other titles

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Milton: An analysis of who reinsures the market and past hurricane losses

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

Swiss Re Global Cat Bond price return index down 1.34% on Milton

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

Will New York City’s rideshare insurance woes spread to other markets?

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

The shape of ILS Milton losses: Factors to watch

Collateralised reinsurance and retro are in the firing line.