Insurers
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Most Covid BI claims are due to lapse in March 2026. -
The company said the move was a key part of its risk-diversification strategy.
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Savannah Thompson resigned from TFP, where she had been since 2017.
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The US insurer squeezed its retention in a renewal where cat treaty retentions are widely holding steady.
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The company named two execs to head global wholesale and commercial.
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The SPV will underwrite a “broad and highly diversified” portion of Amwins’ ~$6bn delegated authority premiums.
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Ackman targets high-teens ROE at Vantage via underwriting gains and equity investing.
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The deal follows a minority investment from the insurer in the summer.
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Savannah Thompson is set to exit after eight years with the company.
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The Carlyle and Hellman & Friedman vehicle will sell for 1.5x book value.
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The finance committee discussed shifting market dynamics as tort reform takes effect.
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The newly created role will have responsibility for algorithmic and digital distribution channels.
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As demand rises across the digital asset space for multiple forms of crypto-related insurance, competition is building.
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Nick Hankin replaces Chris Killourhy, who is becoming group CFO.
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PoleStar Re Ltd 2026-1 includes three sub-layers, which run for a three-year term.
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The storm outbreak follows similar events in the area in 2020 and 2023.
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The insurer plans to automate around 85% of key functions surrounding underwriting and claims processes.
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At present, Mosaic Syndicate 1609 is managed by Asta.
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The data available can “help to inform” a carrier’s strategy in the open market.
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The country's competition commission said the takeover would result in less competition.
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London-based Tristram Prior will transfer to Bermuda to lead the line of business.
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Approached for comment, Chubb denies that it submitted “an offer” for AIG.
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Canopius will continue to be one of several capacity providers to the MGA.
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The highest portion of losses was experienced in Alberta.
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The argument for buyers to purchase cyber has never been stronger, yet growth is still lagging.
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Expectations that reductions would cap out at low double digits are fading due to capacity oversupply.
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The executive co-led the US financial institutions business at BHSI.
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The marine insurer said a volatile claims environment necessitated rate adjustments.
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BNP Paribas will take a EUR1.11bn stake in Ageas.
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The mechanism would work similarly to Flood Re.
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According to the Civil Unrest Index, protest activity has soared over the past two years.
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The Lloyd’s Market Association (LMA), setting out its “core asks” for 2026, has said it is expecting the market to achieve multiple peer-to-peer technology adoptions next year.
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The underwriter is set to leave the business after 20 years.
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McGill’s Underscore platform will identify eligible risks for Aegis to follow.
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Smaller syndicates are lifting their share of the market, as the top quartile also returned to growth.
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An “extraordinary” proportion of storms reached Category 5 status this year.
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Six of the 10 largest syndicates remained flat or reported de-emptions.
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Lower rates and currency shifts have pushed syndicates to cut stamp.
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Jaymin Patel joined Berkley Specialty London in 2021 as senior engineering underwriter.
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The carrier booked GWP growth of 6% for the first nine months of 2025.
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The carrier is looking to latch onto emerging economic trends where it can add expertise.
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The business is pursuing growth in Bermuda in captives, cyber ILS and alternative risks.
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In mid-morning training, the share price had fallen by 12%.
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The underwriter will fill a newly created role at AIG.
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In this final instalment, we argue that investing in personnel is as critical to success as the tech itself.
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Call for public and private partnership in cyber are not new, but sentiment remains divided.
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Rob Sage joined Aon in 2022 as an executive director.
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The association has teamed up with Lloyd’s on a women’s underwriting summit.
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The payment will cover what the filing called “foregone incentives at his former employer”.
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The industry veteran retired from AIG at the end of last year.
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In 2024, Aviva agreed to buy Direct Line for £3.7bn, which led its risk-adjusted capital score to fall.
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The peril has been historically difficult to model compared to others.
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Plus, the latest people moves and all the top news of the week.
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Habayeb will start next May following Kociancic's retirement.
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Aegis, Beazley and others are among those cutting stamps.
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Emma Woolley has held the marine role on an interim basis alongside running Talbot.
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At our London conference, executives saw various routes to growth, even as headwinds grow.
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Sharp will remain for the 2026 renewal process, before pursuing a new opportunity in the market.
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The appointment follows Everest’s $2bn renewal rights sale of its commercial retail business to AIG.
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Executives also agreed that facilitisation is a structural market change.
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MassMutual will retain an 82% stake in the $470bn asset manager.
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AIG made the shock announcement earlier today that John Neal is not joining the insurer.
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The carrier’s overall P&C combined ratio improved by 1.4 points to 91.6%.
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After outsized losses, the (re)insurer still sees opportunity in a softening market.
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The carrier now expects to deliver full-year operating profit of ~£2.2bn.
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The reinsurance loss ratio improved by over 20 points with no notable cat losses for the quarter.
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The power market is experiencing double-digit rate reductions.
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The move to launch a second syndicate was reported by Insurance Insider in June.
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Carriers must position themselves as underwriting bifurcates.
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Liès called for the industry to have a louder voice to promote greater insurance literacy across sectors.
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The underwriter departed Allianz earlier this year.
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The sector’s recent achievements have flown below the radar, despite huge value creation.
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Specialised service providers like CDK can pose more frequency risk than global operators.
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The charity said that improved ecosystems could help protect from disasters.
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The UK-based insurer’s Florida Re secured state regulatory approval in June.
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An insurability crisis could pose systemic risks that undermine the foundations of finance.
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The loss would be one of the largest ever for mining underwriters.
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The June 2024 ransomware attack produced claims across many firms.
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The consortium will target excess layers, providing $250mn of capacity.
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Industry-wide initiatives continue to target expanded youth access to the sector.
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The carrier’s retail division saw premiums increase by 7.3% to $2bn.
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The executive said the firm has grown its casualty business by 80% from 2022.
