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Nearly one-third of 2025âs talent movement was recorded in Q3. -
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From 2026, the facility will also offer longer maximum construction periods.
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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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He will join Gallagher as chief broking officer for EMEA transaction solutions.
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PoleStar Re Ltd 2026-1 includes three sub-layers, which run for a three-year term.
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Mathew Bond will be joining as director of tax.
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At present, Mosaic Syndicate 1609 is managed by Asta.
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The data available can âhelp to informâ a carrierâs strategy in the open market.
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Plus, the latest people moves and all the top news of the week.
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How do you harmonise distribution strategies in a rapidly evolving marketplace?
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London-based Tristram Prior will transfer to Bermuda to lead the line of business.
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The London carrier has explored how businesses are navigating an era of accelerating risk.
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Clive Strickland previously worked at Gallagher, where he had been a partner since 2020.
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The carrier is understood to have had a significant line size on the slip.
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The argument for buyers to purchase cyber has never been stronger, yet growth is still lagging.
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The consortium goes live from 1 January 2026.
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Icen said the hire supports its continued investment in developing a global M&A specialist.
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The marine insurer said a volatile claims environment necessitated rate adjustments.
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According to the Civil Unrest Index, protest activity has soared over the past two years.
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Mark Wood chairs Howden Asia Pacific and Howden Private Wealth, and is deputy chair of UK&I.
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Plus, the latest people moves and all the top news of the week.
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One critical sticking point for Lloydâs is the true alignment of interest with the market.
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The underwriter has spent 30 years in fine art insurance.
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The underwriter is set to leave the business after 20 years.
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This publication revealed Jeroen van de Grampel and Nicholas Mooreâs departures in August.
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All-risks premium increases are now understood to be in the 15% to 20% range.
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The transaction is expected to close early in the first quarter of 2026.
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Sources said the deal will value the US M&A insurance broker at over $500mn.
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New Nuclear is currently raising capacity, with an eye to launch in 2026.
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The business recently struck a deal to be acquired by Aquiline.
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The reinsurer is offering pricing incentives to members to reintegrate cover.
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Plus, the latest people moves and all the top news of the week.
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The aviation specialist is eyeing up diversifying into new classes such as marine.
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Nobody likes flying in turbulence, and in recent years aviation insurers have faced their fair share of upheaval.
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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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Until successors start, the MGA will focus mainly on excess tax opportunities.
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Marsh is also seeking expedited discovery in a related talent poaching case.
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The business is pursuing growth in Bermuda in captives, cyber ILS and alternative risks.
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The Lloydâs-backed war-on-land facility provides coverage where capacity remains scarce.
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Despite 2025 losses, carriers have not secured desired rate increases.
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In mid-morning training, the share price had fallen by 12%.
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The venture will launch in early 2026 and include captives, ART, cyber ILS and specialty (re)insurance elements.
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The carrier plans to invest $500mn in capital to establish a presence in Bermuda.
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The class of business has shouldered claims totalling over $4bn this year.
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Simon Mason will continue to support the business through the upcoming reinsurance renewals.
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The business was founded last year by former Beazley underwriter Richard Young.
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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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In October, this publication revealed that Nexus ceased writing W&I coverage.
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The MGA has expanded its suite of products since launching last year.
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Willis reports that the mining market has softened at a âconsiderable rateâ this year.
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Plus, the latest people moves and all the top news of the week.
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The sector also faces a potential $700mn loss from a fatal Indonesian mining catastrophe.
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Emma Woolley has held the marine role on an interim basis alongside running Talbot.
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Oliver Dlugosch spent 20 years at Swiss Re before it exited aviation this year.
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Chris Lay will retire from the business in Q1 2026.
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Loss activity in the upstream market remains benign, adding to softening.
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This publication reported in October that Debbie Hobbs was to exit Miller after four years.
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Stephenson will start his new role in early 2026.
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Insurers must avoid being a âblockerâ in development and financing decisions.
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The agency cited moderating premium growth and selective underwriting capacity as factors behind the downgrade.
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Volt was launched in October 2024 to support clients through the energy transition.
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The facility is led by Beazleyâs Smart Tracker.
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Executives also agreed that facilitisation is a structural market change.
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The syndicate aims to write ÂŁ80mn of programme business in 2026.
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The latest guide is the first in a two-phase programme with a practical guide to follow.
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Tim Wakeman joined Marsh in 2021 and previously worked at Elseco.
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Panellists agreed a soft market should not dampen product development.
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After outsized losses, the (re)insurer still sees opportunity in a softening market.
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The Aspen exec highlighted the London marketâs long-standing reputation for innovation.
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The executive said the market will be revolutionised by digital technology.
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Patrick Tiernan was addressing 400+ delegates at the London Market Conference.
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The specialty MGA launched in June this year with backing from BP Marsh.
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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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Longbrook Insurance will write multiple lines of business.
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The move comes after the withdrawal of a complaint in the Delaware court.
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The underwriter departed Allianz earlier this year.
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Cyber claims more than tripled year on year.
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Specialised service providers like CDK can pose more frequency risk than global operators.
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The UK-based insurerâs Florida Re secured state regulatory approval in June.
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The loss would be one of the largest ever for mining underwriters.
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The hedge fund had significant investment aims for the London market.
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Plus, the latest people moves and all the top news of the week.
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Ed Louth will join Liberty next year after serving out his contractual duties at Willis.
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The June 2024 ransomware attack produced claims across many firms.
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Cyber, mortgage and crop were identified as attractive growth areas.
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The consortium will target excess layers, providing $250mn of capacity.
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The carrierâs 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.
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The carrier anticipates a âfavourableâ retro renewal at 1.1.
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The Marsh-placed account renews its all-risks cover on 16 November.
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The CEO said smart-follow is a structural evolution of the specialty market.
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Adeptive co-founder and CUO Jeff Bright will lead the MGUâs US strategy.
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The carrier said market dynamics remained robust, with overall pricing healthy.
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Marsh is also suing a second tier of former Florida leaders.
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Interim CUO Nick Pritchard turned in his notice in August of this year.
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APAC now represents roughly 15% of all Lloydâs premium.
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The deal confers a high multiple on Convex and gives AIG re/specialty exposure.
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The energy brokerâs career also includes a stint at Price Forbes.
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The business has not initiated a sale process, with the wheels not yet actively turning on an exit for Apiary.
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The syndicate is expected to write ~$300mn of business in 2026.
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The insurer continues to exit or reduce unprofitable lines and slowed growth as a result.
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How do struggling governments across the globe tackle stagnating economic growth?
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CFO Vogt added that the vehicleâs impact from earned premiums should ramp up from 2026 through 2029.
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Everestâs AIG deal meaningfully cuts its primary exposure.
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The revised outlooks reflect the difficult moment as Everest moves away from retail.
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In insurance, premium growth came from all lines of business except cyber.
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The companyâs stock fell nearly 9% as the market digested news of an ADC, renewal rights deal and reserve charge.
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Matthew Hogg joined Liberty Specialty Markets in 2010.
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BP Marsh has agreed the sale of its 28.2% shareholding as part of the deal.
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Under the terms of the offer, shareholders would receive A$45 for each AUB share.
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The Australian broker, which owns Tysers, announced a trading pause.
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The move comes as Michael Creighton is made credit and political-risk director for Africa.
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Willis Re kicked off its talent acquisition with mass hiring from Guy Carpenter over the summer.
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Plus, the latest people moves and all the top news of the week.
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A canvassing of the cyber market suggests the impact will be negligible.
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The range allows âfor information that could emerge beyond what is known todayâ.
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The appointments are aimed at offering a clearer team structure.
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The EUR100mn+ Ebitda firm is courting both PE and trade suitors.
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Beazley is one of the key leaders in the London marine marketplace.
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Property pricing fell by 8%, while casualty rate increases tapered to 3%.
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AWS suffered a large-scale service disruption originating in northern Virginia.
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The Jay Rittberg-led program manager kicked off a strategic process in August.
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The traditionally lucrative class has faced a series of challenges in the latest geopolitical crisis.
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The hire follows the departure of David Martin to GIC Re Syndicate.
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The Boeing cargo aircraft was wet leased by Emirates.
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Christopher Reynolds and AJ Jones have been hired as business development directors.
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The executive is charged with defrauding investors out of nearly $500mn.
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The two lines will add ÂŁ11mn in planned premium.
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Plus, the latest people moves and all the top news of the week.
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David Bell has held aviation roles at Marsh, AIG, Gallagher Re and Aon.
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The CEO said that IGIâs action within its PI book showed it was ready to walk away from unprofitable business.
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Property, cyber and workersâ comp rates were all down mid-single digits, offsetting casualty hardening.
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A Lloydâs consortium led by Beat Syndicate 4242 backs the MGA.
-
IGIâs premium income has almost doubled since it listed in 2020, but how can growth still be achieved in a soft market?
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Ark has been adding new product lines across its three Lloydâs syndicates.
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Jamie Smith joined Arch in 2018, taking on the senior underwriter role in 2022.
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The executive has run the MGA platform since its 2017 inception.
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Debbie Hobbs joined Miller in 2021 from EmergIn Risk.
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Michael Shen will be succeeded by deputy Camilla Walker.
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The carrier has been exploring launching into P&C organically or via acquisition.
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Brian Church has spent 20 years at Chubb.
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The group will join forces with SRG subsidiary Miles Smith.
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The European broker said a London wholesaler is the âmissing pieceâ of its strategy.
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Trade credit insurers are expected to respond with tighter buyer limits and stricter wordings.
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Manuel Perez will continue in his ongoing role as head of cyber for LatAm.
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Neil Ross was also appointed CUO for the brokerâs MGA.
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White will join from Allianz trade, and Summers from Talbot.
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Plus, the latest people moves and all the top news of the week.
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Moretti has relocated to California from London.
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Willis claims at least two $1mn accounts were also unfairly lost to Howden.
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Incumbent Jane Warren will retire at the end of the year.
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The carrier has hired JosĂ© David JimĂ©nez GarcĂa as managing director for Germany.
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Scott was most recently head of claims at MGA Geo Underwriting.
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The Ryan Specialty renewables MGA launched an international arm last year.
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Insurer results and 1.1 reinsurance renewals will shape the trajectory of 2026.
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Pryor-White founded Tarian Underwriting, which was sold to Corvus in 2022.
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Property underwriters are âcompeting fiercelyâ to access mining risks.
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The specialty insurer was recently acquired by Korean carrier DB Insurance.
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The class offers affirmative coverage for gaps in traditional insurance policies.
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Alliant is in the process of moving the ~$1bn of business it places with Howden to other wholesalers.
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The underwriter has worked for Markel in Singapore since 2020.
-
Samir Hemsi was CUO at Westfield Syndicate and sat on the firmâs board of directors.
-
The newly united company has set out ambitions to double in size by 2030.
-
Sources said Marsh Specialty UK growth leader Lizzy Howe will lead the operation.
-
Jo Smart has worked for Torus and Aegis during his two decades in the market.
-
West Hill Capital is the main investor in the capital raise.
-
The aviation market has experienced a run of large losses this year.
-
Whatâs driving the wave of shifting ownership structures in the Lloydâs market?
-
The ratings agency cited a reduction in exposure to nat cat risk as a reason for the change.
-
Stephan Simon left BMS in June 2024 after almost three years in the role.
-
High capacity is adding to competition in the upstream energy space.
-
The firm offered W&I cover with capacity of up to ÂŁ16mn per transaction.
-
The protection gap must be closed before a public cyber reinsurance scheme is possible.
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Spectrum joins investors ForgePoint, Hudson and MTech.
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Stephen Ridgers is leaving his current role as head of construction midcorp at Allianz Commercial.
-
The pair have expanded remits overseeing property and specialty.
-
Other MGAs in the transactional-liability class are also expanding into the US.
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The MGA secured a âsignificant strategic investmentâ from Zurich earlier this year.
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Continental composite carriers aim to smooth volatility with new initiatives.
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Cyberattack/data breach remains in the top slot.
-
Current backer JC Flowers will retain its holding and the cash will fund a Bermuda acquisition.
-
New sources of capacity lack the expertise to service rapidly developing clients.
-
Abbas Juma has spent more than seven years at Howden M&A in various senior roles.
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The upcoming Lloydâs Lab cohort 16 will include a dedicated Irish theme.
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Several airlines are understood to have come to market early.
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The company will continue its capacity partnership with the MGA until 2030.
