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Latest News
Latest news from Insurance Insider
Case added that recently acquired broker NFP has “exceeded” expectations.
The reinsurer has also appointed Mehdi Benleulmi as global head of credit.
The broker is launching a reinsurance arm in partnership with Bain Capital.
Tovah Grosscurth replaces Sonya Bryson, who has left the commercial lines business.
The London market is not expected to shoulder the bulk of the eventual loss.
The man is alleged to have conspired with others to falsify LOCs and collateral letters.
Plus, the latest people moves and all the top news of the week.
The loss has decreased by 0.3% since the company’s third assessment.
The number has expanded by around 40% from an earlier update, sources said.
Saul Nagus is the latest from Marsh’s aviation unit to join WTW.
The modeller said the insurance market could be exposed to unexpected aggregations.
Jim Meakins is the latest in a slew of talent to exit from the syndicate.
BP Marsh has subscribed for a 49% shareholding in the start-up MGA.
The PE firm’s Aaron Cohen said full integration of broking assets is crucial.
The MGA has built out a suite of products, including a planned launch into political violence.
The broker has been building out its Bermuda reinsurance presence.
William Soares moves from casualty and specialty CUO to president.
The campaign will run throughout June.
The executive will remain CEO of reinsurance until 1 September.
Chris Jones told this publication his plans for the first six months of his tenure.
Tiernan’s former role of chief of markets will be split into two new exec team positions.
The driver of growth has shifted from rate to volume, as pricing increases tail off.
Jack Kenneally will take on the role of class underwriter at the MGA.
The executive set out his vision for the Corporation after assuming leadership.
The outgoing CEO said the market had been restored as a leader during his tenure.
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Elevated risk expected for 2025 NA wildfire season: Burns & Wilcox

Up to nine million acres of US land are considered likely to burn.
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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.
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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.
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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.
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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.
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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.