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Howden head of global practices Wood to retire at year-end
Mark Wood chairs Howden Asia Pacific and Howden Private Wealth, and is deputy chair of UK&I.
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Mark Wood chairs Howden Asia Pacific and Howden Private Wealth, and is deputy chair of UK&I. -
One critical sticking point for Lloyd’s is the true alignment of interest with the market.
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A roundup of all the news you need, including our Howden scoop.
He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
The underwriter has spent 30 years in fine art insurance.
The underwriter is set to leave the business after 20 years.
Opinion
Featured and most read
Featured and most read
Featured
UPS cargo plane loss steels underwriting resolve in late renewal for US airlines
All-risks premium increases are now understood to be in the 15% to 20% range.
Most read
Analysis
Analysis
Smaller syndicates are lifting their share of the market, as the top quartile also returned to growth.
Insight into the state of the insurance M&A market, powered by Insurance Insider’s comprehensive deal database.
Six of the 10 largest syndicates remained flat or reported de-emptions.
Lower rates and currency shifts have pushed syndicates to cut stamp.
Interviews
Interviews
The reinsurer is offering pricing incentives to members to reintegrate cover.
The aviation specialist is eyeing up diversifying into new classes such as marine.
Better data validation and stronger claims controls are also key for MGAs.
The business is pursuing growth in Bermuda in captives, cyber ILS and alternative risks.
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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
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.
In Partnership With
PwC
An expected $600bn of capital flowing into the financial services industry in the coming years is focused on innovation and can reshape the insurance industry, said Arthur Wightman, territory leader, PwC Bermuda, during an interview at PwC's Insurance Summit.
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From our other titles
From our other titles
From Insurance Insider US
Best P&C industry results for nine months mask divergent trends
MGAs outpaced the P&C industry for years, but growth has begun to stagnate.
From Insurance Insider ILS
Beazley is positioning itself to be a leading player in cyber cat ILS
Inflation indices fell in April, but some items related to P&C are still elevated.
From Insurance Insider US
October cat heatmap: Cat losses light as we approach year-end
A large number of new entrants and the growth of litigation finance challenge E&S enthusiasm.
From Insurance Insider ILS
Fresh cat bond limit of $721mn enters market in third week of November
The P&C industry reported its best Q2 combined ratio since 2021, but was still a loss-making underwriting result.
