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The guidance will come into force on 1 September 2026. -
PE, more alignment and tech are uncoupling MGAs from traditional market swings.
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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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Beazley, Hiscox and Lancashire executives spoke 12k words on average in 2025 earnings calls.
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Clive Strickland previously worked at Gallagher, where he had been a partner since 2020.
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Expectations that reductions would cap out at low double digits are fading due to capacity oversupply.
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The syndicate will be managed by Polo Managing Agency.
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The marine insurer said a volatile claims environment necessitated rate adjustments.
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BNP Paribas will take a EUR1.11bn stake in Ageas.
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The mechanism would work similarly to Flood Re.
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The CEO conceded some might see Swiss Re’s dividend targets for 2026 as “underwhelming”.
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Charlotte Pritchard is set to succeed Andrew Creed, effective 5 January.
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According to the Civil Unrest Index, protest activity has soared over the past two years.
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Plus, the latest people moves and all the top news of the week.
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The reinsurer’s “refreshed” strategy to focus on AI and a new share-buyback programme.
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One critical sticking point for Lloyd’s is the true alignment of interest with the market.
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All-risks premium increases are now understood to be in the 15% to 20% range.
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Next year will mark five consecutive years of insolvency increases.
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Smaller syndicates are lifting their share of the market, as the top quartile also returned to growth.
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Data points to growth in surrogacy and IVF support across the industry.
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Brian Marsh will take up a non-executive position, effective immediately.
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Six of the 10 largest syndicates remained flat or reported de-emptions.
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The reinsurer is offering pricing incentives to members to reintegrate cover.
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Lower rates and currency shifts have pushed syndicates to cut stamp.
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Jaymin Patel joined Berkley Specialty London in 2021 as senior engineering underwriter.
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The carrier is looking to latch onto emerging economic trends where it can add expertise.
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The venture will focus on speciality underwriting and related platforms.
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Better data validation and stronger claims controls are also key for MGAs.
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Most segments have grown premiums so far this year, but only three have observed increased rates.
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The lawsuit alleges that Marsh misnamed the insured party on the policy.
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The London-based MGA will begin underwriting its international book next month.
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The underwriter will fill a newly created role at AIG.
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In this final instalment, we argue that investing in personnel is as critical to success as the tech itself.
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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 2024, Aviva agreed to buy Direct Line for £3.7bn, which led its risk-adjusted capital score to fall.
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Aegis, Beazley and others are among those cutting stamps.
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Chris Lay will retire from the business in Q1 2026.
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At our London conference, executives saw various routes to growth, even as headwinds grow.
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Carriers posted weaker top-line results but delivered improved combined ratios.
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Stephenson will start his new role in early 2026.
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The French mutual is one of the first major 1.1 accounts to firm-order.
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Panellists said the sector must communicate its value in language tailored to each client.
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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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The carrier’s overall P&C combined ratio improved by 1.4 points to 91.6%.
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Plus, the latest people moves and all the top news of the week.
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The reinsurer said discipline was now “equally important as price”.
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The reinsurer is “well on track” to achieve $4.4bn in net income for the full year.
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The Caymans-based reinsurer’s Q3 CoR was 86.6%, down 9.3 points YoY.
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Panellists said the industry must be deliberate in setting a strategy for the right outcomes.
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The carrier now expects to deliver full-year operating profit of ~£2.2bn.
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P&C GWP grew by 7.1% to EUR26.8bn over the period.
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Liès called for the industry to have a louder voice to promote greater insurance literacy across sectors.
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The shuttering of Munich Re Ventures reflected a focus on the reinsurer’s “core offering”.
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The carrier attributed the results to a significant fall in major-loss expenditure.
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The sector’s recent achievements have flown below the radar, despite huge value creation.
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The platform will debut in Germany before an accelerated global rollout in 2026-27.
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The transaction is Davies’ largest strategic M&A addition to date.
