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Bermuda
Everest Group pegs California wildfire losses at $350mn-$450mn
The Bermudian’s wildfire loss estimate was based on an industry loss range of $35bn-$45bn.
Kyoung-son Song
,
03 February 2025
Commercial lines
Markel ‘streamlining’ US PL portfolio, moving public D&O access to Bermuda
The carrier’s US platform will continue to be led by long-time executive Sal Pollaro.
Thorsten Schier
,
03 February 2025
Commercial lines
Public D&O prices decreased 10.6% in Q4: Aon
The average change for primary policies with the same limit and deductible was a 3.5% decrease.
Danielle Ling
,
03 February 2025
Talent
PartnerRe names retro head Garwacki non-life CUO
The executive has worked in a variety of senior underwriting roles at the reinsurer.
Samuel Casey
,
03 February 2025
Talent
Gallagher Re international chairman Vickers to retire
The executive spent 43 years with WTW before joining Gallagher through the Willis Re sale.
Rachel Dalton
,
03 February 2025
Lloyd’s
Russell Reynolds to conduct Lloyd’s CEO search
The process will be led by Tom Hicks, consultant, UK head of insurance at Russell Reynolds.
Adam McNestrie
,
03 February 2025
Brokers
Willis developing follow form vehicle Gemini as facilitisation trend continues
Clarke and Delchar, who were instrumental in building Marsh Fast Track, will lead the launch.
Samuel Casey
,
03 February 2025
Brokers
Howden-Risk Strategies: A calculated gamble for the broker’s wholesale unit
WTW’s ownership of Miller may offer a cautionary tale for the US retail-London wholesale group structure.
Adam McNestrie
,
03 February 2025
M&A
Miller agrees AHJ acquisition to boost treaty platform
Miller said the purchase would be its most significant since returning to independence in 2021.
Fiona Robertson
,
03 February 2025
Talent
Hiscox launches FI offering headed by Dearsley
The offering will provide D&O, professional indemnity/errors and omissions, crime and cyber cover.
Abbie Day
,
03 February 2025
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