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MGAs/MGUs
TL carriers face potential $300mn loss from Altria-NJOY patent dispute
The traditional R&W product is seeing an increasing number of large losses.
Ayesha Venkataraman
,
20 February 2025
Specialty lines
Strong potential for ‘sharp change’ in aviation market in 2025: Willis
Q2 renewals will likely signal changes in the reinsurance market, the broker said.
Rebecca Perkins
,
20 February 2025
Brokers
Price Forbes’ Draycott takes on Alliant consulting role
The executive will maintain his advisory role with the Ardonagh-owned wholesaler.
Rachel Dalton
,
20 February 2025
London market
Marsh adds capacity to Fast Track facility
Fast Track is led by QBE and backed by Canopius, Arch and Beazley.
Rebecca Perkins
,
20 February 2025
Marine
One year on from Baltimore, is IG renewal up to scale for marine threats?
Social inflation and larger vessels are making multi-billion losses more likely.
Samuel Casey
,
20 February 2025
Commercial lines
Zurich delivers 94.2% CR as P&C operating profit up 8%
The carrier pegged its California wildfire losses at $200mn pre-tax.
Rebecca Perkins
,
20 February 2025
Bermuda
Fidelis Insurance Group takes $287mn aviation reserve charge
In tandem, it pegged its net cat loss estimate from California wildfires at $160mn-$190mn.
Kyoung-son Song
,
19 February 2025
Personal lines
Progressive incurs $43mn in January cat losses due to California wildfires
The carrier said 72% of those losses occurred in personal property.
Caroline Ryan
,
19 February 2025
Property treaty
LA wildfires among top four events of career: Conduit’s Eckert
The chairman said the recent events were akin to Andrew, Katrina and the WTC.
Rebecca Perkins
,
19 February 2025
Talent
Mosaic’s transactional liability VP and underwriter leaves for RiskPoint
This follows the exit of Mosaic’s head of international tax earlier this month.
Ayesha Venkataraman
,
19 February 2025
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