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This publication revealed on Friday that Reith was joining the firm, having departed from Helios in June. -
As 2024 draws to a close, we reflect on the events of the year for the London market.
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A recent drive for additional brokerage underscores the shift towards a softer market.
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The executive said the market would soften during 2025 but would not drop through the floor.
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In Partnership With Allianz CommericalWhat is the fate of rating conditions in the coming year and how are major players preparing?
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Tony Simm will report to Garret Gaughan, global head of direct and facultative.
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The IG said this year had been “more difficult” for the group’s reinsurance partners.
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Recent weeks have seen a string of facility launches and capacity increases.
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Insurance Insider revealed yesterday Stone Point will join Madison Dearborn and HPS as shareholders.
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The reduction in capacity reflects “strategic adjustments”.
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The minority deal values the broker at around 16x-17x Ebitda against a challenging financing backdrop.
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Swiss Re has retreated from its “escalation clause” for the Middle East.
