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Latest news
Marsh McLennan reports 4% organic growth in ‘solid’ Q3
Earlier this week, the broking house announced a rebrand to Marsh.
Ark has been adding new product lines across its three Lloyd’s syndicates.
Munich Re emphasises partnership approach in softening market
The reinsurer stressed it “did not shy” from cat business in 2023.
Daily Digest: Top news from 16 October
A roundup of all the news you need, including our deep dive into entry-level hiring.
Ark has been adding new product lines across its three Lloyd’s syndicates.
Competitor news
Competitor news
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Brian Church has spent 20 years at Chubb. -
Neil Ross was also appointed CUO for the broker’s MGA.
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White will join from Allianz trade, and Summers from Talbot.
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Jo Smart has worked for Torus and Aegis during his two decades in the market.
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High capacity is adding to competition in the upstream energy space.
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Stephen Ridgers is leaving his current role as head of construction midcorp at Allianz Commercial.
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The combined casualty treaty team has also made a number of hires.
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The company, however, sets a high bar on making a move.
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Ryan Alternative Capital Re was launched in partnership with Axis Capital.
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The broker announced the launch of its cross-class facility this week.
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Peter Vogt will act as a strategic advisor at Axis until the end of 2026.
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Beth MacGregor and Adam Vulliamy are also set to join from Axis Capital.
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Company alum David Murie will lead the new business unit.
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Cat portfolios generally grew, but casualty approaches varied.
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The executive joined Navigators in 2010 after eight years at White Mountains Capital.
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The French carrier’s first-half revenues were driven by 6% growth in P&C.
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Pricing was “virtually flat” in the second quarter.
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The carrier had $20mn in reserve releases in the quarter, compared to nil in Q2 2024.
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The carrier agreed to acquire Liberty Mutual’s P&C firms in Thailand and Vietnam in March.
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In March 2024, Cowen was appointed to lead Chubb’s new international transactional liability platform.
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The claim hits the downstream market following a loss-hit start to the year.
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The underwriter joined MS Amlin in 2020 after more than 24 years with Markel.
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Jim Williamson said litigation funding had evolved into an investment class.
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Eric Seyfried and Glen Manjos are also departing Axis’ cyber and tech unit.
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In Partnership With AXISThe increase in business and leisure travel – plus niche travel, such as for cosmetic procedures – is driving increased demand for travel insurance, said Guy Bonwick, Head of Global Specialty Accident and Health at AXIS.
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The executive replaces Mike Warwicker, who left the firm earlier this year.
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The changes are aimed at improving underwriting and operational performance.
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Burford’s CEO said Chubb is inappropriately using its corporate power.
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Philip Enan joins following 11 years at Chubb.
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Markel International has also hired senior underwriter Keely Madden.
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The programme will succeed the previous buyback launched in 2023.
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The headcount at the start-up now stands at around 40.
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Both Chubb and Zurich will underwrite the risks, with Nico as the sleeping partner.
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AIG, HDI Global and others have settled. Chubb’s fight continues.
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The facility provides up to $100mn in claims-made excess casualty coverage.
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Primary and excess casualty in the US saw double-digit rate growth and remained above loss trends in Q1.
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The Bermudian reported net pre-tax cat losses of $49mn, with $32mn attributable to the California wildfires.
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In Partnership With AXISJoin us for a free webinar, 10:30 ET/ 15:30 BST on Aug 19, hosted by Insurance Insider and AXIS to explore how the insurance industry is adapting to these challenges.
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Fierce competition for cargo talent continues in the London market.
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A positive outcome could significantly curb insurers’ exposure to the loss.
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The carrier has moved to hire in the fine art and specie line after the exit of Mark Benbow.
Insider On Air
Insider On Air is the dynamic multimedia platform from Insurance Insider, bringing you closer to the heart of the (re)insurance industry. Through a rich mix of webinars, podcasts, and video interviews, we spotlight the most influential voices and thought leaders shaping the future of risk and capital.
Whether you're looking for expert analysis, in-depth discussions, or exclusive insights from C-suite executives and market movers, Insider On Air delivers timely, authoritative content that keeps you informed and ahead of the curve.
Insider On Air
From cat losses from wildfires and hurricanes to litigation battles to the shifting commercial insurance landscape — these are the stories that defined our industry in the last 12 months.
In celebration of Insurance Insider US Honors Awards, please enjoy our Year in Review video.
While investors recently have favored the “instant gratification” of supporting brokers and MGAs, start-up reinsurer Mereo CEO David Croom-Johnson said he thinks capital will “fall back in love” with balance-sheet companies who deliver consistent profitable results.
From our other titles
From our other titles
From Insurance Insider US
‘We’re holding ourselves accountable’: CA insurance commissioner Lara
California’s insurance regulator has Fair Plan depopulation, cat models on his mind.
From Insurance Insider US
Claims frequency in physicians medmal starting to creep up: Doctors president
Despite tort reform, physicians’ insurers are struggling with the same loss inflation challenges as other liability peers.
From Insurance Insider
CNA Hardy names Booth head of specialty as Berman departs
Ariel Berman joined the company as head of specialty in 2023.
From Insurance Insider US
Ascendex launches with plans for 5-7 programs in two years
Altamont Capital MD Sam Gaynor said the goal is to have fewer programs that can each grow to a significant size.
From Insurance Insider ILS
Hannover Re outlines ILS plans as Ludolphs to retire at end of 2026
Hannover Re Capital Partners is in talks with two investors for 1 January launch.
From Insurance Insider
Property cat aggregate placement grew 50% in 2025: Aon
Supply for property outstrips demand, but the casualty market is “bifurcated”.
From Insurance Insider US
Aon says Marsh team lift litigation is part of pattern to ‘chill competition’
The broker has filed a motion to dismiss the lawsuit by Marsh.
From Insurance Insider ILS
Ascot aims to establish Wayfare Re as an 'evergreen' source of capital
The global specialty player is also exploring ILS offerings across specialty and cat bonds.