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Bermuda
IQUW’s Bermuda reinsurance platform receives A- AM Best rating
The rating allows IQUW to access $1bn in group capital.
Clark Mindock
,
21 March 2025
Talent
Axis Global Markets reshuffles leadership under new head Farrrup
The changes are aimed at improving underwriting and operational performance.
Samuel Casey
,
28 May 2025
Renewals
Citizens targets $4.54bn 2025 reinsurance programme
This year’s coverage will involve $2.94bn of new risk transfer.
Rachel Dalton
,
11 March 2025
Catastrophe losses
Hurricane Helene losses will likely be larger than Idalia: AM Best
The ratings agency expects insured losses of around $5bn for Helene.
Kyoung-son Song
,
27 September 2024
M&A
GTCR confirms deal to acquire JMG Group
JMG chief Nick Houghton will remain in post after the sale.
Rachel Dalton
,
13 May 2025
Brokers
Marsh McLennan shares dip after Q1 organic growth slows to 4%
The growth figure represents a 5-point deceleration on the 9% reported in Q4 2024.
Abbie Day
,
17 April 2025
Lloyd’s
Antares grows GWP 54% to $1.1bn and passes legacy ‘pivot point’
Growth was driven by Lloyd’s Syndicate 1274 and Antares Re.
Stephanie Denton
,
03 April 2025
Specialty lines
Atrium posts 99.5% 2024 CoR and reserves £393.4mn for Ukraine aviation
CEO John Fowle said “isolated missteps” had tarnished Atrium’s record.
Samuel Casey
,
07 March 2025
London market
Hiscox targets $200mn P&L benefit by 2028 through operating efficiency
The majority of the savings are expected to be realised in the retail division.
Samuel Casey
,
22 May 2025
Catastrophe bonds
State Farm, Citizens and Twia mull mega-bond deals equal to ~$3bn
The mega cat bond season in Q2 last year recorded issuance of $8.2bn.
Liz Bury
,
21 March 2025
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