Header
Your dedicated content hub
Fuel a smarter strategy with our actionable market intelligence
Latest News
Latest news from Insurance Insider
Everest booked $98mn of aviation losses related to the war, which contributed 2.5 points to the consolidated CoR.
The Bermudian said its pursuit of SMEs through M&A will provide sustainable improvements to its bottom line.
The broker is looking to move as much of the book away from its adversary as possible.
The CEO said business remains adequately priced in most classes.
The carrier is reducing its exposure to quota shares and shifting to XoL.
The broker has noted that double-digit reductions are increasingly available in property.
The carrier said market dynamics were shifting due to increased capacity.
Mercury’s recovery from the guaranteed percentage of losses is $47mn.
The loss ratio rose 1.9 points to 53.1%, while the expense ratio ticked up 0.6 points to 28.1%.
The carrier had $20mn in reserve releases in the quarter, compared to nil in Q2 2024.
The lawsuit claims more than 100 employees left with Parrish and his three reports.
The legacy player is working to secure its first deal, and could look to expand to US E&S.
Insured losses produced the second highest first-half tally since records began in 1980.
The carrier agreed to acquire Liberty Mutual’s P&C firms in Thailand and Vietnam in March.
The facility was previously for commercial risk clients.
The broker has recruited from its rival as it looks to launch Willis Re 2.0.
The search for a successor to lead Syndicate 1200 is underway.
Goldman Sachs and Cinven have also participated in the German broker’s sale process.
The fronting insurer will be able to support MGAs across the 27 EU states.
The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
Staff targeted include producers that channel business through Howden’s London wholesale arm.
PE owner Livingbridge brought the broker to market two years ago.
The firm is currently working with 13 MGAs, including QMetric and Eaton Gate.
Competitor news
What Your Competitors are Reading
Financial news
-
The company provides management workflow for residential contractors. -
-
Insight into the state of the insurance M&A market, powered by this publication's deal database.
Insider On Air: Our Webinars & Podcast Channel
Insider On Air: Our Webinars & Podcast Channel
Behind the Headlines Podcast
-
In Partnership With ArchWhile Arch is looking into using AI and robotics to streamline claims, an important focus remains on diversity to build a strong claims culture, said Barbara Rizzi, Chief Claims Officer for Arch Insurance International.
-
In Partnership With S&PJoin Insurance Insider, in partnership with S&P Global Market Intelligence, for a free webinar, 10:30 EST/15:30 GMT, Nov. 19
-
In Partnership With AXISMark Gregory, Head of AXIS Global Markets discusses AXIS’s new Energy Transition Report, the launch of Syndicate 2050, and the future of emerging energy technologies.
From our other titles
From our other titles
From our other titles
From Insurance Insider ILS
PRA accelerating UK ISPV authorisations
The consultation period around UK ISPVs was opened in November last year.
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.
From Insurance Insider ILS
Swiss Re’s nat cat premium volumes flat in renewals year to date
The reinsurer had $2.8bn of natural catastrophe business up for renewal in the year so far.
From Insurance Insider ILS
Conduit Re will ‘invite’ third-party investors as it expands ILS over time
The reinsurer has already dipped into the cat bond market with its Stabilitas Re retro deals.
From Insurance Insider ILS
Florida rates likely to remain stable through 2025: HCI CEO
With plenty of reinsurance capacity, CEO Patel said it’s been a “boring year” for treaty negotiations.
From Insurance Insider ILS
Retro and ILS specialists Stubbings, Bailey leave McGill for Miller
The team will focus on building out Miller’s property treaty, retro and ILS capabilities, it’s understood.
Insurance Insider US provides robust insights, sharp analysis and exclusive news on the London and global (re)insurance markets.
Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.