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GC puts global cat rate drop at 12% for 1.1
Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
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Mark Wood chairs Howden Asia Pacific and Howden Private Wealth, and is deputy chair of UK&I. -
Sources said hundreds of Brown & Brown staff across various offices have left to join Howden US.
Latest News
Latest news
A roundup of all the news you need, including Brown & Brown’s civil lawsuit against Howden.
The facility has expanded to cover construction and renewable energy risks.
The company said the move was a key part of its risk-diversification strategy.
The CEO is looking to bring in external capital to support a new independent syndicate.
Opinion
Featured and most read
Featured and most read
Featured
London market 2025 review, Part I: Loss hits and misses
Insurance Insider reflects on major loss events of 2025 for the London market.
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Analysis
Analysis
Cedants are opting to bank double-digit savings as reinsurers fight for market share.
Market sources have also raised the prospect of moving the market beyond bureau reliance.
Transactions reveal the attractiveness of the "underwriting plus" business model.
Nearly one-third of 2025’s talent movement was recorded in Q3.
Interviews
Interviews
The data available can “help to inform” a carrier’s strategy in the open market.
The syndicate will be managed by Polo Managing Agency.
The CEO conceded some might see Swiss Re’s dividend targets for 2026 as “underwhelming”.
One critical sticking point for Lloyd’s is the true alignment of interest with the market.
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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.
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In Partnership with
AXIS
Michael McKenna, Head of North America Specialty Insurance, AXIS, outlines the key trends shaping the industry as 2025 comes to a close and underscores that talent acquisition and rapid technology integration will be critical for specialty insurance in 2026.
In Partnership with
AXIS
Looking ahead to 2026, Michael Silas, Head of Global Credit, AXIS, sees mildly positive global growth driven by tech and infrastructure, but says credit sentiment remains cautious and reinsurers must still price to long‑term tail risk.
In Partnership with
Apollo
With real-time data and analytical tools giving underwriters a clear view of pricing adequacy, mix and attachment points, and allowing faster corrective action when rates fall below acceptable thresholds, insurers are shifting into a new paradigm for soft markets, said James Slaughter, Group CUO, Apollo, during an interview at the Insurance Insider’s London Market Conference.
In Partnership with
Fidelis Partnership
Insurers can turn the global energy transition into both a commercial opportunity and a force for societal good, said Charlie Heathcote, Head of Sustainability, the Fidelis Partnership, during an interview at the Insurance Insider’s London Market Conference
In Partnership with
Recorder
Allowing insurers to receive real-time data from MGAs could eliminate the need for monthly bordereaux reporting, said Matt Hicks, Co-founder, Recorder, during an interview at the Insurance Insider’s London Market Conference.
In Partnership with
AXIS
Being able to make use of innovative AI features relies on having structured, organised and logical data.
AI and precise data can enable insurers to innovate policy durations, from annual to transaction-specific, offering more tailored coverage options, said Christina Lucas, Global Market Leader, Insurance, Google Cloud, during an interview at the PwC Insurance Summit.
Pushing 1 January renewals late in the season can undermine outcomes, said Maamoun Rajeh, President, Arch Capital Group. During an interview at the PwC Insurance Summit, Rajeh called for a bifurcated market approach combining strategic partnerships and a collaborative price discovery process months before renewals.
During an interview at the PwC Insurance Summit, SiriusPoint CEO Scott Egan highlighted the danger of pricing cycles. As pressure mounts after a quiet cat quarter, he urged reinsurers not to create pricing cycles by chasing volume at the expense of long-term industry attractiveness and risk adequacy.
In Partnership With
PwC
PwC Partner Matt Britten predicts a wave of dealmaking in 2026, driven by diversified third-party capital from hedge funds, private equity and more. With reinsurers seeking growth and new asset classes emerging, the market is set for increased activity and innovation, he said during an interview at PwC's Insurance Summit.
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Ziegfeld Ballroom, New York
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From our other titles
From our other titles
From Insurance Insider US
Consolidation in 2026: No one wants to be the last one on the dance floor
MGAs outpaced the P&C industry for years, but growth has begun to stagnate.
From Insurance Insider ILS
Cat bond issuance rises 40% to surpass $23bn in record-setting 2025
A large number of new entrants and the growth of litigation finance challenge E&S enthusiasm.
From Insurance Insider US
Broker stocks fall from five-year highs and multiples compress as the cycle turns
Inflation indices fell in April, but some items related to P&C are still elevated.
From Insurance Insider ILS
2025 insured cat loss load to hit $107bn: Swiss Re
The P&C industry reported its best Q2 combined ratio since 2021, but was still a loss-making underwriting result.
