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Latest news from Insurance Insider

Allied World takes BHSI’s Wilks in latest cargo market move

New capacity is fuelling competition for talent in the class of business.

Samuel Casey, 23 May 2025

cargo ship hull container port 2022 pixabay.png

Antares cargo chief Harris leaves for Cincinnati Syndicate 318

Cincinnati Global entered the cargo market this year.

Samuel Casey, 23 May 2025

The Week in 90 Seconds: D&F renewals, Lloyd’s market message, cyber fallout

Plus, the latest people moves and all the top news of the week.

Ayesha Venkataraman, 23 May 2025

Atradius exploring Lloyd’s syndicate launch

Trade credit rivals Coface and Awbury are also entering the market.

Fiona Robertson, 23 May 2025

NOAA predicting high chance of ‘above-normal’ hurricane season

The agency forecasts up to five major hurricanes and 19 named storms.

Adam Kovac, 22 May 2025

Lockton’s VP of TL Campbell to depart

Last week Neo Combarro, Lockton’s head of TL announced his exit on LinkedIn.

Ayesha Venkataraman, 22 May 2025

Oneglobal taps Daudt to succeed Spicer as global specialty CEO

Spicer will transition to a global specialty executive chairman role.

Jairo Ibarra, 22 May 2025

Hiscox targets $200mn P&L benefit by 2028 through operating efficiency

The majority of the savings are expected to be realised in the retail division.

Samuel Casey, 22 May 2025

Ark hires ex-Atrium aviation head Cullen for hull war push

Alex Cullen left Atrium last month.

Rebecca Perkins, 22 May 2025

Ex-Acquinex staff cite MGA's 'culture of incompetence' in switch to Dual

In January, 32 Acquinex employees resigned, with 22 moving to Howden’s underwriting arm.

Ayesha Venkataraman, 22 May 2025

Specie talent displacement continues as Munich Re’s Bradnam resigns

New entrants to the line of business have heightened competition for talent.

Samuel Casey, 22 May 2025

Generali P&C profit increases 9.4% to EUR10.4bn over Q1

The group reported an 89.7% combined ratio for the quarter.

Abbie Day, 22 May 2025

airplane aerospace plane flying aviation.png

Willis looks again to Marsh for aviation buildout with UK MD Standing

Willis has made a series of aviation hires on both sides of the Atlantic in recent weeks.

Rebecca Perkins, 21 May 2025

Guy Carpenter expands Trace’s remit to chief broking officer

The executive will take the global role alongside his existing US responsibilities.

Adam McNestrie, 21 May 2025

Canopius’ head of marine treaty Wallace leaves for TMK

TMK formed its specialty reinsurance unit last year.

Rebecca Perkins, 21 May 2025

Co-op Food Blackpool Victoria East New store with a Boyes discou

Co-op did not have cyber coverage for ransomware attacks

M&S, which still faces disruption from the attacks, had coverage lead by Allianz.

Abbie Day, 21 May 2025

Business executives standing on stage facing spotlight, rear view

Axa XL London international liability head Rowland to exit for Gen Re

The underwriter joined Catlin in 2006.

Rachel Dalton, 21 May 2025

Axis head of construction global markets Woolley to join Markel

Markel International has also hired senior underwriter Keely Madden.

Abbie Day, 21 May 2025

Outgoing Lloyd’s CEO Neal to take up Aon roles on 1 September

The executive will be global reinsurance CEO and climate solutions chair.

Adam McNestrie, 20 May 2025

Tokio Marine Holdings international FY24 profits down 1.9%

The Japanese carrier noted the impact of increasing natural disasters.

Samuel Casey, 20 May 2025

MS Re books 88.7% 2024 CoR, GWP up 17.6%

The company’s parent MS&AD reported group profit of 691bn yen for the year.

Rachel Dalton, 20 May 2025

Sompo International adjusted profit up 20% for 2024

The carrier benefited from top-line growth and lower adverse PYD.

Rachel Dalton, 20 May 2025

Howden Re’s Warne to join Sukoon as Syndicate 2880 active underwriter

The syndicate-in-a-box is the first Lloyd’s syndicate to operate outside London.

Samuel Casey, 20 May 2025

scs storm damage tornado wind oklahoma warehouse may 2025.jpg

Severe weekend storms could lead to $5bn in SCS losses: Siffert

Tornadoes have killed at least 32 people in three states.

Adam Kovac, 20 May 2025

mercury general insurance tampa florida.png

Mercury General targets $2bn reinsurance renewal, up by around 50%

The targeted uplift comes after Mercury ceded nearly $1.3bn of wildfire losses to reinsurers in Q1.

Liz Bury, 19 May 2025

Competitor news

What Your Competitors are Reading

Financial news

HBC prepares for sale with Macquarie mandate

Investor interest is mounting in German broking assets.

Rachel Dalton, 28 April 2025
NFP tuck-in deals add $19mn Ebitda for Aon in Q1

The broker's share price dipped 11% in morning trading after its Q1 earnings missed expectations.

Abbie Day, 25 April 2025
German broker Global Gruppe put up for sale with Morgan Stanley mandate

The business is majority-owned by Castik Capital.

Rachel Dalton, 25 April 2025

Insider On Air: Our Webinars & Podcast Channel

Behind the Headlines Podcast

Insider On Air

In Partnership With AXIS

Insuring the Giants: Managing Risks in Mega Construction Projects

Join us for a free webinar, 10:30 ET/ 15:30 BST on July 30, hosted by Insurance Insider and AXIS to explore how the insurance industry is adapting to these challenges.

29 April 2025
Insider On Air

In Partnership With Qlik

Navigating the Next Steps in AI: Opportunities and Pitfalls Facing Insurers

Join Insurance Insider, in partnership with Qlik, for a free webinar, 10:30 EDT/15:30 BST on July 24, as we explore the next frontier of AI in insurance.

29 April 2025
In Partnership With Guidewire

From Automation to Empathy: The Future of Claims Handling

Join Insurance Insider for a free webinar, offered in partnership with Guidewire Software, 10:30 EDT/15:30 BST on July 22.

25 April 2025

From our other titles

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.

Miami, Florida real estate property modern mansion luxury villa house in Hollywood by Hallandale beach Three Islands with palm trees on summer day

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.

From Insurance Insider US

Casualty and property dynamics in a ‘unique’ cycle: Westfield’s Kuhn

Jack Kuhn, President of Westfield Specialty, discusses the shifting market cycles and changing landscape at RISKWORLD 2025.

From Insurance Insider US

‘We are an organic growth story’: Alliant CEO

Alliant is celebrating its 100th anniversary this year, and is the ‘furthest thing from a serial acquirer,’ Greg Zimmer, CEO, Alliant, said at RISKWORLD 2025.

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.