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Latest News from Insurance Insider
Ex-Western Europe CRB head Alberto Gallego and colleagues left for a Marsh joint venture.
M&A
The deal represents a first entry into the US MGA market for the $1.1tn asset manager.
The Berkshire subsidiary is seeking coverage for a $22mn antitrust loss.
The practice group will enhance the company’s existing offerings in E&S.
The carrier started writing construction in Lloyd’s following the acquisition of Probitas.
Plus, the latest people moves and all the top news of the week.
Giles has spent more than five years at Themis Underwriting.
Losses were primarily driven by personal property lines.
He was appointed CUO of casualty, Americas, in July last year. 
The new recruit will report to group CUO Ian Houston.
Nick Fallon is the latest in a string of retro-broker moves in the market.
The Howden MGA established its marine presence in the Netherlands in 2023.
The new division will be led by Terry Fitzgerald, who has previously led the finpro portfolio.
Chilton founded Capsicum Re, which was acquired by Gallagher in 2020.
Models anticipate a busier second half, particularly in the next few weeks.
The carrier’s US and Europe claims teams will report to Clayden.
The platform aims to “bend the loss curve”.
Mark Connellan is the latest addition to Bassel Matta’s team.
A roundup of the breaking news, C-suite interviews and exclusive insights.
The syndicate is targeting capital allocation for 1 January, the company confirmed.
The carrier’s chief buyer urged a partnership approach from reinsurers.
Bazan Group’s refinery near Haifa was badly damaged by Iranian bombardment in June.
Lloyd’s has pursued a Big Game Hunting strategy to lure major insurers into the market.
Bill Bouvier has spent more than three years at the legacy firm in this role.
An M&A senior analyst and M&A underwriter for emerging markets are also set to depart.
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Akinova plans agg umbrella offering for bluechip insureds

The tech firm is building a joint stock company with insurers and investors.
From Insurance Insider ILS

Fermat UCITS Cat Bond Fund rises to $2.3bn in AuM

Victory Pioneer Cat Bond Fund also added assets in the past month.
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 ILS

Hannover Re to set up ILS platform in Bermuda

Aaron Garcia will hold a senior role at the operation, sources have confirmed.
From Insurance Insider ILS

Cat bond funds outpace private ILS by 2.01 points in H1: ILS Advisers

The ILS Advisers Fund Index reported a profit of 1.11% in June.
From Insurance Insider ILS

Zurich ILS managers unphased by ESMA’s view on cat bond UCITS inclusion

Managers believed end-investors value diversification and non-correlation of cat bonds over liquidity.
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Insurance Insider US provides robust insights, sharp analysis and exclusive news on the London and global (re)insurance markets.

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Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.