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Re/insurers
Norfolk to join QBE as senior construction-team underwriter
Anthony Norfolk joins from Swiss Re, where he was a senior engineering underwriter.
Abbie Day
,
28 January 2025
Property treaty
Liberty Mutual discloses $2.8bn exhaustion point on cat cover
The carrier also has a $500mn excess $2.4bn aggregate protection.
Rachel Dalton
,
28 January 2025
M&A
M&A Deal Update: Howden investment talks flag up the search for sovereigns
Insight into the current state of the insurance M&A market, powered by the Insurance Insider M&A Deal Tracker.
Rachel Dalton
,
28 January 2025
Personal lines
State Farm has paid out nearly $500mn on California wildfire claims
The company received over 10,100 home and auto claims as of January 27.
Danielle Ling
,
28 January 2025
Bermuda
Everest reports $1.7bn casualty-driven adverse development ahead of Q4 earnings
The (re)insurer recorded a reserve charge of nearly $1.3bn within its casualty insurance book.
Jairo Ibarra
,
27 January 2025
Talent
Lockton Re set to launch Paris office with Gallagher Re’s Fontaine
The broker also plans to hire from LSN Re and Aon Re, as part of a build-out of its team in the French capital.
Adam McNestrie
,
27 January 2025
Catastrophe losses
CatIQ pegs Jasper wildfire loss at more than C$1.2bn
Compared with its initial figure, CatIQ’s latest estimate has increased by 40%.
Abbie Day
,
27 January 2025
Marine
Aegis London rebuilds cargo unit with Talbot’s Jones
New entrants in the cargo space have caused another round of talent displacement.
Samuel Casey
,
27 January 2025
Talent
Clear Group appoints Holloway as M&A director
The executive will join from Miller.
Rachel Dalton
,
27 January 2025
Re/insurers
Ex-RenRe general counsel Weinstein returns with Florida start-up Mangrove
The homeowners’ carrier has secured Floir approval.
Rachel Dalton
,
27 January 2025
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