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Marine
Atrium hires Westfield’s Gordge to bolster marine unit
Westfield Specialty has experienced high turnover in its London market operations.
Samuel Casey
,
24 February 2025
Digests
Daily Digest: Top news from 24 February
A roundup of all the news you need, including Steve Hearn’s move to group COO at Brown & Brown.
Insurance Insider
,
24 February 2025
Claims and losses
Court dismisses appeal in Bath Racecourse Covid-19 case
The appeals court has ruled that composite policies provide multiple limits.
Rachel Dalton
,
24 February 2025
Brokers
Gallagher makes Lyons London specialty CEO as Turner exits
The broker’s current Australia and Asia CEO starts her new role on 1 July.
Rachel Dalton
,
24 February 2025
Renewals
Reinsurers aim to slow Japan softening at 1 April on US wildfire losses
Cedants could choose to retain more as cross-share sell-offs boost their capital.
Rachel Dalton
,
24 February 2025
London market
Aviva takes AIG’s Brown as construction underwriting manager
The carrier recently started underwriting construction in Lloyd’s through Probitas.
Samuel Casey
,
24 February 2025
Brokers
Hearn takes group COO position at Brown & Brown
He will have to step down from his non-executive role on the board to take the job.
Adam McNestrie
,
24 February 2025
Re/insurers
Berkshire Hathaway expects $1.3bn pre-tax CA wildfire insurance loss
The conglomerate reported after-tax cat losses of $1.2bn related to Hurricanes Helene and Milton in 2024.
Jairo Ibarra
,
22 February 2025
Brokers
Ryan Specialty paid $426.8mn for London MGA platform Innovisk
This was Ryan’s second-largest 2024 deal, after its $1.4bn Assure purchase.
Jairo Ibarra
,
21 February 2025
Claims and losses
The Week in 90 Seconds: LA wildfires, aviation, IG renewal
Plus, the latest people moves and all the top news of the week.
Jim Robinson
,
21 February 2025
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