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OUR LATEST COVERAGE
Our latest analysis
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Pryor-White founded Tarian Underwriting, which was sold to Corvus in 2022.
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In July, he took the role on interim basis from Laure Forgeron.
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Property underwriters are ‘competing fiercely’ to access mining risks.
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The recruits will join from Nephila, Aon and Malaysian Re.
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Declared events totalling just under A$2bn ($1.3bn) included one cyclone and two floods.
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The specialty insurer was recently acquired by Korean carrier DB Insurance.
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The carrier is planning a limited relaunch into the UK D&O market.
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A roundup of all the news you need, including OneGlobal’s first acquistion.
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As both carriers and reinsurers deal with softening markets, all eyes are on hurricane-prone areas.
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Alliant is in the process of moving the ~$1bn of business it places with Howden to other wholesalers.
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It comes as the MGA expects to write more than $1bn of premium in 2026.
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The underwriter has worked for Markel in Singapore since 2020.
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The carrier has renewed and extended its capacity arrangement with the MGA.
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A roundup of all the news you need, including Marsh McLennan’s wholesale team launch.
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The carrier will pay special dividends only in exceptional circumstances.
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Samir Hemsi was CUO at Westfield Syndicate and sat on the firm’s board of directors.
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Joel Hodges will run the international business as managing director.
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Panellists at Insider Progress shared fixes for bias, confidence and culture.
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The newly united company has set out ambitions to double in size by 2030.
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Sources said Marsh Specialty UK growth leader Lizzy Howe will lead the operation.
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The former civil servant joined the Corporation in October 2021.
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Seller White Mountains will retain a roughly 15% fully diluted equity stake.
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Jo Smart has worked for Torus and Aegis during his two decades in the market.
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West Hill Capital is the main investor in the capital raise.
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Volante launched Syndicate 1699 in 2021.
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Improved performance and growing investment returns played a role in the upgrade.
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The aviation market has experienced a run of large losses this year.
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The business has been ~70% owned by White Mountains since January 2024.
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A roundup of all the news you need, including the latest Behind the Headlines podcast.
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Plus, the latest people moves and all the top news of the week.
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Julia Graham played a key role in the UK's introduction of captive-friendly regulation.
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Inigo CEO Richard Watson said the team is ready for its “second album”.
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The ratings agency cited a reduction in exposure to nat cat risk as a reason for the change.
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The executive has worked at Aon for almost two decades.
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The executive was most recently serving as CRO – insurance.
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Landa was part of the team lift led by Michael Parrish, who is CEO of the US retail arm.
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Stephan Simon left BMS in June 2024 after almost three years in the role.
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A roundup of all the news you need, including Nexus’ W&I withdrawal.
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The facility will initially focus on US, Bermudian and European business.
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High capacity is adding to competition in the upstream energy space.
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The firm offered W&I cover with capacity of up to £16mn per transaction.
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She previously served as Hub’s North American casualty practice leader.
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The Bermuda-based executive joined the Ardonagh Group’s reinsurance broking arm in March 2023.
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Spectrum joins investors ForgePoint, Hudson and MTech.
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Stephen Ridgers is leaving his current role as head of construction midcorp at Allianz Commercial.
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The pair have expanded remits overseeing property and specialty.
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Other MGAs in the transactional-liability class are also expanding into the US.
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A roundup of all the news you need, including Acquinex’s US expansion.
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The MGA secured a “significant strategic investment” from Zurich earlier this year.
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Cyberattack/data breach remains in the top slot.
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Kantara now holds a majority stake in the MGA, with the rest held by employees.
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Winds have strengthened to 80 mph, and the hurricane is expected to intensify further over the next 48 hours.
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Current backer JC Flowers will retain its holding and the cash will fund a Bermuda acquisition.
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The vehicle will now cover an E&S program jointly launched with Accredited.
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New sources of capacity lack the expertise to service rapidly developing clients.
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Abbas Juma has spent more than seven years at Howden M&A in various senior roles.
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A roundup of all the news you need, including Abbas Juma's departure from Howden.
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The upcoming Lloyd’s Lab cohort 16 will include a dedicated Irish theme.
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The company will continue its capacity partnership with the MGA until 2030.
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Susan Langley will look to strengthen global business ties and promote UK growth.
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The BP Marsh-backed MGA launched earlier this year, led by Adam Kembrooke.
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Howden’s portion of the US retailer’s premium is in particular focus.
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The underwriter has worked at Hiscox, Lloyd’s, Chubb and Zurich.
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Legacy reinsurance deals will be reviewed by the Legacy Review Panel.
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Marlon Williams will focus on the placement of reinsurance and retro business.
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Tom Potter was global casualty underwriting manager for UK & Lloyd’s at Axa XL.
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A roundup of all the news you need, including Helios’ H1 results.
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The Lloyd’s investment business has cut expenses by 54% over the past six months.
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Sean McGovern will step down from the role in December.
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The hire comes as Guy Carpenter fills the void created by the Willis Re raid earlier this year.
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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.
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The pair hail from Dale Underwriting and Axa XL, respectively.
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The tropical cyclone is expected to be named Imelda.
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A roundup of all the news you need, including DB’s acquisition of Fortegra.
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Plus, the latest people moves and all the top news of the week.
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The transaction marks the largest US market entry by a Korean non-life insurer.
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Georges De Macedo will remain within the group as a board member.
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The executive has been with ASG since it was formed in 2016.
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A roundup of all the news you need, including our aviation analysis.
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Aon’s Enrico Vanin will lead the platform as CEO.
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The veteran underwriter said market conditions are still ‘robust’.
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This will be Fidelis’ first office in North America and will be led by former Navigators Re head Ivan Vega.
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The Corporation’s chair reiterated its aim to reduce the cost of doing business.
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The sponsorship deal comes ahead of the Winter Olympics and Paralympic Games next year.
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The London broker has also recently hired Michael Lohan from Lockton.
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Global pricing is now 22% below the mid-2022 peak.
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MGA Amiga Specialty launched in May, with backing from investor BP Marsh.
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A roundup of all the news you need, including Miller's latest energy hire.
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Equivalent to a Category 5 hurricane, Ragasa is the world's strongest storm this year.
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The rating action follows the upgrade of Italy's sovereign rating earlier this month.
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He will spearhead the division’s launch slated for 2026, which will be the first product launch for ICW Group’s specialty unit.
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The report highlighted the gap between insured and uninsured attacks is widening.
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The broker’s headline Ebitda was $20mn, up from $5.6mn in 2023.
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The toll of risk losses sustained by the PVT market this year is mounting.
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A roundup of all the news you need, including our analysis of the 2025 hurricane season.
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IAG completed its takeover of RACQ last month.
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The executive met with UK colleagues to discuss plans for the US business.
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The change in reinsurance intermediary follows an RFP for the account.
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Dale Underwriting recently pulled out of standalone offshore energy business.
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A roundup of all the news you need, including Super Typhoon Ragasa.
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The major storm is set to move on to mainland China later in the week.
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The economic loss from the event was around EUR7.6bn.
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The move comes as the broker rebuilds its Bermuda team.
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Lockton Re has predicted major growth in the global cyber insurance market.
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The Bermuda reinsurer has been active in ILS since launching in 2007.
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A roundup of all the news you need, including our interview with Sir Charles Roxburgh.
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Plus, the latest people moves and all the top news of the week.
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The Corporation’s chair laid out plans to make Lloyd’s a preeminent market in the long term.
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Louis Tucker established and later sold Barbican Insurance to Arch in 2019.
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Losing senior women creates a knock-on effect as juniors lose role models.
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The mortgage insurer said Inigo will continue to operate as a standalone business.
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The acquisition furthers Howden’s expansion into the US retail space.
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The CEO said the lack of portfolio crossover was highly attractive to Inigo.
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More general issues at recruitment level include drawing from too narrow a pool.
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The US mortgage insurer announced its $1.7bn acquisition of Inigo earlier today.
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Alessa Quane will report to Sompo P&C CEO James Shea.
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The deal becomes part of a wave of carrier dealmaking.
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A roundup of all the news you need, including Radian’s $1.7bn acquisition of Inigo.
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The 2024-25 period has been the worst on record for claims, with costs of $775mn+.
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Inigo executives told Insurance Insider last year they were weighing up the casualty treaty market.
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The deal marks the latest step in Catalina’s shift from P&C to life run-off.
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The broker said insurers were facing increasing pressure to improve financial performance in claims.
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It said the loss did not reflect the underlying economic performance of the business.
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This publication revealed in February the incident was expected to lead to a major claim.
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The ILS manager has $6.8bn in assets and will be led by MariaGiovanna Guatteri.
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A roundup of all the news you need, including a ruling in the High Court aviation appeal.
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The recent Iumi conference highlighted the impact of waning globalisation and tariffs.
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A decision in relation to who bears which legal costs will be reached at a later date.
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The carrier plans to reduce 623’s stamp by around 10% next year.
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The measures also seek to encourage greater wildfire mitigation efforts.
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The combined casualty treaty team has also made a number of hires.
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Age has not been addressed as much as other areas of diversity, the panel said.
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There will also be a renewed focus on organic growth, both in P&C and across US and international operations.
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The sidecar will support five programs providing specialty frequency coverages.
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Chris Eaton and Bill Moret gave their notice last week without specifying their destination.
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A roundup of all the news you need, including an aviation volte face at Guy Carpenter.
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Vantage Group Holdings received a BBB- long-term issuer credit rating.
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Her predecessor will become head of US excess casualty and operations.
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Reinsurer executives stressed that the industry worked hard on setting the right structure.
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The business has ramped up its underwriting volume since launching in Lloyd’s last July.
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The executive joins from MSIG USA.
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The assistant treasurer is also due to review the Australian cyclone pool.
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Insurance Insider reported earlier today of the asset manager’s foray into the MGA space.
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The MGA is backed by three Lloyd’s syndicates, offering capacity limits of up to $10mn.
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The business said it was experiencing strong momentum on the Island.
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Ex-Western Europe CRB head Alberto Gallego and colleagues left for a Marsh joint venture.
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The deal represents a first entry into the US MGA market for the $1.1tn asset manager.
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A roundup of all the news you need, including a new Johns Manville lawsuit.
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The Berkshire subsidiary is seeking coverage for a $22mn antitrust loss.
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The practice group will enhance the company’s existing offerings in E&S.
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The affirmations reflect Everest’s strong underwriting diversification.
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The carrier started writing construction in Lloyd’s following the acquisition of Probitas.
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A roundup of all the news you need, including our Themis exclusive.
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Plus, the latest people moves and all the top news of the week.
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Giles has spent more than five years at Themis Underwriting.
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Losses were primarily driven by personal property lines.
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He was appointed CUO of casualty, Americas, in July last year.
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This will be the 15th cohort of companies to go through the Lloyd’s Lab.
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The tech firm is building a joint stock company with insurers and investors.
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The new recruit will report to group CUO Ian Houston.
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Nick Fallon is the latest in a string of retro-broker moves in the market.
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The Howden MGA established its marine presence in the Netherlands in 2023.
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A roundup of all the news you need, including BPL’s appointment of Grahame Chilton.
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The new division will be led by Terry Fitzgerald, who has previously led the finpro portfolio.
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Chilton founded Capsicum Re, which was acquired by Gallagher in 2020.
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Models anticipate a busier second half, particularly in the next few weeks.
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The carrier’s US and Europe claims teams will report to Clayden.
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The platform aims to “bend the loss curve”.
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The relationship between growth and capital is “symbiotic”, the broker said.
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Mark Connellan is the latest addition to Bassel Matta’s team.
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A roundup of the breaking news, C-suite interviews and exclusive insights.
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The deal is expected to result in $700mn in combined GWP in Florida upon completion.
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The syndicate is targeting capital allocation for 1 January, the company confirmed.
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A roundup of all the news you need, including Atrium's latest aviation hire.
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Lenders include Morgan Stanley, Permira and Bridgepoint.
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The carrier’s chief buyer urged a partnership approach from reinsurers.
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Cat bonds have outperformed private ILS strategies in the YTD, according to ILS Advisers.
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Former head of construction Bill Creedon will assume the role of chairman.
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Bazan Group’s refinery near Haifa was badly damaged by Iranian bombardment in June.
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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.
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Lloyd’s has pursued a Big Game Hunting strategy to lure major insurers into the market.
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New capacity continues to flow into the hull market, despite rating pressure.
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Bill Bouvier has spent more than three years at the legacy firm in this role.
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An M&A senior analyst and M&A underwriter for emerging markets are also set to depart.
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A roundup of all the news you need, including Mosaic’s Lloyd’s syndicate.
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The syndicate will be targeting approximately $50mn of GWP in its first year.
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Sources said that the carrier has held preliminary talks with private debt investors.
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Scale is increasingly becoming a differentiator for reinsurance carriers, the broker noted.
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Geopolitical turbulence brings new challenges that primary specialty lines carriers urgently need to address.
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Being conservative and stable is the name of the reinsurer’s game.
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The sector recorded total premiums written in London of £11.9bn in 2024
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Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
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The insurer’s plans for the syndicate were revealed by this publication earlier this year.
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Despite high profile losses, there’s ample capacity in marine and aviation, while PV has seen healthy profits.
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The MGA has set a "new market benchmark" for non-US primary tax risk, it said.
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Litigation funders are promoting “aggressive” tactics in the UK, Holland and Israel.
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The vehicle will provide a streamlined route for capital to its client MGAs.
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A roundup of all the news you need, including the new CEO of Santam syndicate 1918.
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The company, however, sets a high bar on making a move.
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Hannover Re Capital Partners is in talks with two investors for 1 January launch.
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The pair were offered contracts by Willis Re in July.
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The former Hannover Re CEO said reinsurers must use alternative capital and tech.
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Pine Walk has grown substantially and is on course to write $1.2bn of premium this year.
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One of the options being explored is setting up a dedicated company for the wholesale vertical.
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Earnings covers do not need to equal aggregate reinsurance deals, the broker said.
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Anticipation, motivation and inspiration are central to effective implementation.
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Reinsurers are ready to draw a line under a worsening claim outlook across the casualty market.
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A survey from PwC described the sector as “stable”, “evolving” and “dynamic”.
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Paul Campbell details how the most profitable insurers act during a soft versus hard market.
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CEO Thierry Léger also stressed his intention to repair the carrier’s relations with Covea.
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Stefan Golling also said Munich Re’s appetite for agg covers was unchanged.
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The reinsurer is moving all its non-cat business to the new syndicate, leaving 1910 focussed on peak cat.
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The Argenta-backed MGA is already active in the cargo and property classes of business.
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Swiss Re forecasts more risk transferring to reinsurance and retro markets in the future.
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Rafael Diaz, Tiara Elward and Felipe Murcia will join BMS’s LatAm and Caribbean unit.
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Excess capacity will sustain softer rates, as organic growth challenges lead to more M&A chatter.
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Reinsurance CEO Wakefield said reinsurance structures may evolve for prolonged growth.
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Agency reactions ranged from Fitch revising down its sector outlook to AM Best keeping a positive outlook.
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The CEO said the AHJ acquisition brought a ‘step change’ to Miller’s reinsurance growth.
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The reinsurer’s new CEO said he sees no need for a radical shift in strategy.
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The carrier notified California regulators that it would stop renewing plans starting last month.
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The departure follows an investigation into an “offensive” email sent by Rouse.
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It is understood that CyberCube has been considering a sale of the business.
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Rates will remain elevated in a period of structurally higher risk premia.
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Ryan Alternative Capital Re was launched in partnership with Axis Capital.
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Mark ‘Ollie’ Hollingworth has held his current role at Atrium since 2017.
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Tim Barber joins from QBE Re, where he was head of North America.
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A roundup of all the news you need, including Generali’s MGA plans.
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Plus, the latest people moves and all the top news of the week.
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Paul Sandi, head of reinsurance, will serve as active underwriter for the new syndicate.
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The California wildfires showed reinsurers can absorb major cats and remain profitable.
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The insurer has been under review with positive implications since March.
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It was announced this week that the business had agreed to be acquired by Skyward Specialty.
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Skyward’s acquisition of Apollo will provide access to the London Bridge framework.
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The treaty underwriter is set to run an MGA within the group.
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The executive stepped down from Oneglobal in July after five years leading the firm.
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The Swiss carrier appointed a new global energy head earlier this week.
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Heyburn joins from Brit, where he was A&H class underwriter.
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Rachel Turk said product-line facilities had been “under-scrutinised”.
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Former Hannover Re CEO Jean-Jacques Henchoz received the Lifetime Achievement award.
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Rönesans covers lines including aviation, energy, engineering and liability.
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The carrier said the decision reflected its commitment to portfolio discipline.
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A roundup of all the news you need, including Lloyd's results and London personnel moves.
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Lloyd’s reported reinsurance GWP increased 10.6% to £13.2mn.
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Gross written premium was up 6% year on year.
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Lloyd’s will keep heritage systems operationally resilient until at least 2030.
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Growth in the SME sector could help stabilize the market, however.
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Syndicate 1440 was approved to assume business incepting January 2026.
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Apollo executives David Ibeson and James Slaughter are committed to the future as a combined entity.
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Despite rate reductions accelerating, the sector-wide combined ratio is set to remain below 90% through 2027.
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The US specialty carrier announced Tuesday that it was buying the Lloyd's business for $555mn.
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The executive most recently served as head of North American treaty reinsurance.
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The executive has worked at RFIB, Benfield and Guy Carpenter during his 30-year career.
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The LPPC will offer limits of $127.5mn EAR and DSU coverage in the US and Canada.
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Aon acquired NFP from Madison Dearborn in April last year in a $13.4bn deal.
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A roundup of all the news you need, including CFC’s appointment of Jane Poole as CFO.
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Jane Poole will succeed Michael Grist, who exits after nearly 16 years.
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In June, this publication revealed that Apollo had appointed Evercore and Howden to run a process.
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The executive said claims can be a differentiator in a softening market.
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CEO Tom Wakefield said property cat supply is “materially outpacing demand”.
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Donna Swillman is currently a senior underwriter at Axa XL.
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The action follows Sompo’s $3.5bn all-cash acquisition of Aspen Insurance.
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Farnworth will also chair the carrier’s audit committee.
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The data modeling firm said losses previously averaged $132bn annually.
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The ratings agency warned negative PYD on US casualty will likely continue.
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Signs of discipline indicate a “break” from past boom/bust market cycles.
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Some 32% of survey respondents expect property cat rates to fall by more than 7.5%.
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The ratings agency was presenting its outlook ahead of the Monte Carlo Rendez-Vous.
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The deal is part of Gallagher’s ongoing Asia-Pacific investment strategy.
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Strong CoRs and investment returns supported profitability in H1 2025.
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A roundup of all the news you need, including Gallagher Re’s H1 reinsurance report.
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Sébastien Bardy joins from Allianz to lead the firm’s financial scale-up.
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The underwriter has over 20 years' experience in the construction insurance sector.
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The deal ends Livingbridge’s two-year attempt to sell the UK broking/MGA platform.
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The carrier is looking to take a lead position in energy-transition risks.
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A roundup of all the news you need, including Bain’s acquisition of Jensten.
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Henrietta Butcher leaves Tysers after decades with the broker.
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Ratings agency said the Sompo deal could have positive financial and operational benefits for the Bermudian.
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James River said the court was right to dismiss the fraud case.
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Company said defendant ‘distraction’ can’t make up for flimsy arguments.
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The violations included not using propertly appointed adjusters and failing to pay claims.
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Sources said the team is led by Martin Soto Quintus and is mostly based in Chile.
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The broker is in hiring mode in specialty after numerous brokers departed for Willis Re.
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A roundup of all the news you need, including further Sompo/Aspen news.
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Group CEO Mikio Okumura cited “solutions that have not been fulfilled”.
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Plus, the latest people moves and all the top news of the week.
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Sources see Aspen as the right fit for Sompo, with Apollo getting a full cash exit.
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After spending 20 years at Aon, Goodman will start a senior executive position with Guy Carpenter.
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The reinsurance veteran joined Aon nearly 20 years ago from Cooper Gay.
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The executive will buy reinsurance for HDI and Talanx’s corporate unit.
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A roundup of all the news you need, including Jeremy Goodman’s exit from Aon.
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The broker has a longstanding trading relationship with US retailer Alliant.
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The firm has also updated the loss-calculation engines of existing Jeannie tools.
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Angus Hampton, meanwhile, has been promoted to head of casualty in place of Mario Binetti.
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Sources said that the NY-based TL underwriter has retained Piper Sandler to run the process.
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The lawsuit has been filed as sales talks with Sompo yielded a deal.
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The Japanese carrier has agreed to buy Aspen for a realization of $3.5bn.
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The all-cash deal values the Bermudian’s stock at a 36% premium.
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Real-time intelligence sourced and written by independent journalists drawing on an extensive network of senior sources

Authoritative analysis of company strategy and key sector developments, produced by a team of certified financial analysts