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Sources said hundreds of Brown & Brown staff across various offices have left to join Howden US. -
The US insurer squeezed its retention in a renewal where cat treaty retentions are widely holding steady.
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According to S&P, the carrier’s outlook is “stable”.
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The market is conceding some ground on wordings, after a tightening of conditions post-Ukraine.
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Lyndsey Bauer joined Paragon in 2007 and has previously held senior positions at Marsh.
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Plus, the latest people moves and all the top news of the week.
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This was the second issuance completed by Farmers via its Bermuda reinsurance vehicle Topanga Re.
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The company named two execs to head global wholesale and commercial.
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Market sources have also raised the prospect of moving the market beyond bureau reliance.
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The SPV will underwrite a “broad and highly diversified” portion of Amwins’ ~$6bn delegated authority premiums.
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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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Ackman targets high-teens ROE at Vantage via underwriting gains and equity investing.
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The downstream market has suffered a string of costly claims this year.
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The deal follows a minority investment from the insurer in the summer.
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Savannah Thompson is set to exit after eight years with the company.
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The Carlyle and Hellman & Friedman vehicle will sell for 1.5x book value.
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The MGA will also launch into cyber in 2026, adding to its property and marine lines.
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The MGA has renewed its binder for 2026 with capacity from Lloyd’s.
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Transactions reveal the attractiveness of the "underwriting plus" business model.
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The parties now have 60 days to file a stipulation to dismiss the action.
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Justin Camara was EVP and portfolio director for financial and professional liability.
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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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Nearly one-third of 2025’s talent movement was recorded in Q3.
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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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Pricing in the D&O market is starting to flatten after several years of steep decreases.
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The newly created role will have responsibility for algorithmic and digital distribution channels.
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Clifford’s appointment follows Everest’s $2bn renewal rights sale to AIG.
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Los Angeles wildfires and SCS pushed US losses to $89bn.
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The six D&I partner networks already derive most of their funding from other sources.
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He will join Gallagher as chief broking officer for EMEA transaction solutions.
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Nick Hankin replaces Chris Killourhy, who is becoming group CFO.
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The broking group also increased its euro loan by EUR160mn to EUR1.16bn.
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PoleStar Re Ltd 2026-1 includes three sub-layers, which run for a three-year term.
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The storm outbreak follows similar events in the area in 2020 and 2023.
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Solutions are being used to fill the gap left by traditional agg markets.
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The packages contained client lists and records saved as “TOP SECRET” on a former employee’s computer.
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The insurer plans to automate around 85% of key functions surrounding underwriting and claims processes.
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Fleming Re bought the James River Re legacy book in 2024.
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Rowan Douglas steps down as Howden climate risk CEO, stays on as senior adviser.
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The guidance will come into force on 1 September 2026.
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Mathew Bond will be joining as director of tax.
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The executive discussed the importance of mental health as he prepares to step down.
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At present, Mosaic Syndicate 1609 is managed by Asta.
