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The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals. -
Former Aon employees are barred from using Aon’s confidential information.
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Price has become a key differentiator in marine and energy.
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Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
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Market participants on programs/MGU business in particular feel there's more capacity than 12 months ago.
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Most Covid BI claims are due to lapse in March 2026.
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Sources said hundreds of Brown & Brown staff across various offices have left to join Howden US.
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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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This was the second issuance completed by Farmers via its Bermuda reinsurance vehicle Topanga Re.
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The company named two execs to head global wholesale and commercial.
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Market sources have also raised the prospect of moving the market beyond bureau reliance.
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The SPV will underwrite a “broad and highly diversified” portion of Amwins’ ~$6bn delegated authority premiums.
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