-
The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals. -
Price has become a key differentiator in marine and energy.
-
Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
-
Market participants on programs/MGU business in particular feel there's more capacity than 12 months ago.
-
Howard Hughes Holdings agreed to buy the carrier for $2.1bn.
-
Cedants are opting to bank double-digit savings as reinsurers fight for market share.
-
The US insurer squeezed its retention in a renewal where cat treaty retentions are widely holding steady.
-
The market is conceding some ground on wordings, after a tightening of conditions post-Ukraine.
-
Market sources have also raised the prospect of moving the market beyond bureau reliance.
-
What were the defining moments that shaped the insurance market in 2025?
-
The facility provides solvency support via a fresh equity injection under various scenarios.
-
The finance committee discussed shifting market dynamics as tort reform takes effect.
-
Andrew Ealey joined Canopius in 2010 as a property treaty underwriter.
-
Several of Henrietta Butcher’s former Tysers colleagues have also moved to Lockton Re.
-
From 2026, the facility will also offer longer maximum construction periods.
-
Los Angeles wildfires and SCS pushed US losses to $89bn.
-
Solutions are being used to fill the gap left by traditional agg markets.
-
Fleming Re bought the James River Re legacy book in 2024.
-
The outlook flags “large uncertainties” amid possible El Niño through summer 2026.
-
The market is “extremely competitive”, with several launces from MGAs and syndicates expected.
-
The country's competition commission said the takeover would result in less competition.
-
Guy Carpenter has sued Willis Re over a mass team lift in London and Bermuda in June.
-
The group aims for earnings per share growth of more than 8%.
-
The carrier said it will leverage its strong position in the ongoing favourable environment.
-
This publication revealed the GC trio were set to join the start-up broker in June.
-
The carrier is understood to have had a significant line size on the slip.
-
The highest portion of losses was experienced in Alberta.
-
Global insurance premiums reached an all-time high of $15.3bn by year end 2024.
-
Expectations that reductions would cap out at low double digits are fading due to capacity oversupply.
-
The syndicate will be managed by Polo Managing Agency.
-
The deal adds a forward-flow, giving Compre the option to reinsure additional future years.
-
Oaktree will fund the syndicate and act as investment manager for its assets.
-
The Japanese P&C carrier agreed a deal to buy 15% of WR Berkley shares in March.
-
Charlotte Pritchard is set to succeed Andrew Creed, effective 5 January.
-
Several Lloyd’s syndicates are also now providing cover for the federal insurer.
-
He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
-
The transaction is subject to regulatory approval.
-
The company had argued the judge missed key info when dismissing the case.
-
China Taiping has been identified as the building owner’s insurer.
-
An “extraordinary” proportion of storms reached Category 5 status this year.
-
The executive argued that injunctions following team lifts were “the industry standard”.
-
Fontana 2.0 will encompass a more flexible investment strategy than the 2022 vehicle.
-
Court documents provide a window into the ambitious plans.
-
Plus, the latest people moves and all the top news of the week.
-
The London-based MGA will begin underwriting its international book next month.
-
The venture will launch in early 2026 and include captives, ART, cyber ILS and specialty (re)insurance elements.
-
The peril has been historically difficult to model compared to others.
-
Habayeb will start next May following Kociancic's retirement.
Most Recent
