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Reinsurance
LA wildfires won’t be ignored at mid-year renewals: Scor’s Léger
The reinsurer pegged the market loss at $40bn.
Rebecca Perkins
,
05 March 2025
Reinsurers
Munich Re needs deft step on specialty to avoid reinsurer/primary pitfalls
Navigating its path to global specialty growth will require operational dexterity.
Fiona Robertson
,
05 March 2025
M&A
AJ Gallagher announces $1.2bn acquisition of Woodruff Sawyer
The California broker’s pro forma revenue for full year 2024 was $268mn.
Kyoung-son Song
,
05 March 2025
Reinsurance
Scor’s Q4 P&C CoR deteriorates 7.5 points to 83.1%
The carrier pegged its LA wildfire losses at EUR140mn.
Rebecca Perkins
,
05 March 2025
London market
Lloyd’s entry dependent on ‘moving needle’ for Zurich’s scale: Signorelli
The executive said the firm had to focus time and investment on the most meaningful projects.
Samuel Casey
,
04 March 2025
London market
Jostle for top line is making growth harder, not pricing: Beazley’s Cox
He said that “everyone’s looking for growth”, as the firm has moderated its top line projections.
Abbie Day
,
04 March 2025
Energy
Pemex 2023 oil platform claim halves to $350mn on settlement
The steep reduction in quantum stands to benefit specialty excess of loss reinsurers.
Samuel Casey
,
04 March 2025
Specialty lines
Generali confirms commitment to aviation amid speculation of retrenchment
The capacity arrangement with LRA also remains in place.
Rebecca Perkins
,
04 March 2025
Commercial lines
Rash named CEO at AIG UK as Baldwin departs
The transition will take place immediately, with Anthony Baldwin set to leave next month.
Adam McNestrie
,
04 March 2025
Cyber
Strong property result demonstrates ‘intelligent’ expansion: Beazley’s Cox
Predicting underwriting conditions for the remainder of the year is ‘challenging’.
Samuel Casey
,
04 March 2025
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