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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.
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Cedants are opting to bank double-digit savings as reinsurers fight for market share.
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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 market is conceding some ground on wordings, after a tightening of conditions post-Ukraine.
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Market sources have also raised the prospect of moving the market beyond bureau reliance.
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What were the defining moments that shaped the insurance market in 2025?
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The facility provides solvency support via a fresh equity injection under various scenarios.
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The finance committee discussed shifting market dynamics as tort reform takes effect.
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Andrew Ealey joined Canopius in 2010 as a property treaty underwriter.
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Several of Henrietta Butcher’s former Tysers colleagues have also moved to Lockton Re.
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From 2026, the facility will also offer longer maximum construction periods.
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Los Angeles wildfires and SCS pushed US losses to $89bn.
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Solutions are being used to fill the gap left by traditional agg markets.
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Fleming Re bought the James River Re legacy book in 2024.
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The outlook flags “large uncertainties” amid possible El Niño through summer 2026.
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The market is “extremely competitive”, with several launces from MGAs and syndicates expected.
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The country's competition commission said the takeover would result in less competition.
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Guy Carpenter has sued Willis Re over a mass team lift in London and Bermuda in June.
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The group aims for earnings per share growth of more than 8%.
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The carrier said it will leverage its strong position in the ongoing favourable environment.
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This publication revealed the GC trio were set to join the start-up broker in June.
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The carrier is understood to have had a significant line size on the slip.
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The highest portion of losses was experienced in Alberta.
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