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Catastrophe losses
Mercury General reports net wildfire loss of $414mn with $2.15bn gross hit
The insurer has not decided whether to sell its Eaton subrogation rights.
Jairo Ibarra
,
07 May 2025
MGAs/MGUs
AI-powered parametric MGA Mythen launches
The business offers parametric windstorm coverage.
Rachel Dalton
,
17 March 2025
Bermuda
Arch Q1 CoR increases 11.3 points to 90.1%
Overall, the company’s underwriting income fell 43% to $417mn in the first quarter.
Kyoung-son Song
,
29 April 2025
Specialty lines
Transactional risks head Russell among three set to leave Gallagher TR team
Their next destination remains unknown.
Ayesha Venkataraman
,
14 May 2025
Lloyd’s
Atrium launches strategic distribution team led by Chaucer’s Gilliland
Chance Gilliland spent a decade at Chubb underwriting property binders.
Samuel Casey
,
06 May 2025
Catastrophe losses
Hurricane Helene: What we know so far
Tallahassee avoided a major hit – but flood and storm-surge losses remain unknown.
Insurance Insider team
,
27 September 2024
Bermuda
Acrisure Re confirms Romeo appointment as head of Bermuda
The broker has also hired fellow Aon broker Barry Gordon in a role trading ILWs.
Samuel Casey
,
15 April 2025
Reinsurers
Odyssey Re promotes Meghani to lead property treaty and retro
She replaces Matthew Sheppard, who has become deputy CUO in London.
Samuel Casey
,
06 June 2025
Claims and losses
Helene expected to result in total cost of $20bn-$34bn: Moody’s
Moody’s described Hurricane Helene as “like Idalia but worse”.
Abbie Day
,
30 September 2024
Brokers
HBC prepares for sale with Macquarie mandate
Investor interest is mounting in German broking assets.
Rachel Dalton
,
28 April 2025
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