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Talent
Brace lands Hiscox product recall underwriter Townsend
Amie Townsend will be responsible for developing Beat’s UK and Europe platform.
Abbie Day
,
31 January 2025
Claims and losses
IAG to release A$200mn of Covid-19 BI provision
This follows a ruling to declass the representative proceeding filed against IAL.
Abbie Day
,
31 January 2025
London market
The Week in 90 Seconds: CA wildfires, return to office, nat cats
Plus, the latest people moves and all the top news of the week.
Jim Robinson
,
31 January 2025
Catastrophe losses
State Farm blows through CA reinsurance cover with ~$8bn LA wildfire loss
The carrier has around $2.5bn-$4bn of reinsurance cover specifically for California risk.
Fiona Robertson
,
30 January 2025
London market
Keese to join German MGA Konzept & Marketing management team
Keese is also investing in the company alongside its existing partners.
Adam McNestrie
,
30 January 2025
Bermuda
Axis ‘extremely vigilant’ on US primary casualty after 29% rate hike: CEO Tizzio
Claims related to California wildfires are "fairly insubstantial" to date, executives said.
Jairo Ibarra
,
30 January 2025
Brokers
Marsh McLennan’s Donnelly to join Willis as North American head
The executive will link up again with former colleague Lucy Clarke in Q2.
Adam McNestrie
,
30 January 2025
Brokers
Global insurance rates fell by 2% in Q4: MMC CEO Doyle
Guy Carp CEO Dean Klisura said LA wildfires could slow rate reductions at 1 April.
Rachel Dalton
,
30 January 2025
London market
Aviation market faces multi-hundred-million loss on Washington crash
Starr-leads the WTW-placed all-risks cover for American Airlines.
Rebecca Perkins
,
30 January 2025
Brokers
Marsh McLennan posts 7% Q4 organic growth in ‘terrific year’
Organic growth in broking segment Marsh accelerated during the reporting period.
Samuel Casey
,
30 January 2025
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