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Carrier M&A will continue to be a feature, as pressure for returns on AI investment ramps up.
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The renewal was characterised by abundant capacity and strong competition.
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The pricing battle has been played out but the extent of new demand will only show up in 2026.
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Insurance Insider reflects on the themes that shaped 2025 for the London market.
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Market participants on programs/MGU business in particular feel there's more capacity than 12 months ago.
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Insurance Insider reflects on major loss events of 2025 for the London market.
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Cedants are opting to bank double-digit savings as reinsurers fight for market share.
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Market sources have also raised the prospect of moving the market beyond bureau reliance.
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Transactions reveal the attractiveness of the "underwriting plus" business model.
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Nearly one-third of 2025’s talent movement was recorded in Q3.
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As demand rises across the digital asset space for multiple forms of crypto-related insurance, competition is building.
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PE, more alignment and tech are uncoupling MGAs from traditional market swings.

