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Cyber
Cyber is a ‘buyer's market’: Marsh McLennan’s Stransky
Panellists discussed the softening market, and what would flip the switch on rates.
Abbie Day
,
23 January 2025
Regulation
AM Best removes Scor’s A rating from under review
The reinsurer has made improvements to its life and health segment, it said.
Rachel Dalton
,
23 January 2025
Catastrophe losses
PCS Milton loss estimate rises 15% to $17.2bn
The industry loss number has increased threefold from an initial $5bn pick.
Jai Singh
,
23 January 2025
Cyber
CrowdStrike financial loss estimated at $5.4bn: Tokio Marine HCC
In its latest report, the carrier cites the top 10 cyber incidents of 2024.
Abbie Day
,
23 January 2025
Catastrophe losses
KCC estimates LA wildfire insured loss at $28bn
The total includes fire and smoke damage plus living expenses for evacuees.
Rachel Dalton
,
23 January 2025
MGAs/MGUs
PIB launches legal action over Dual’s Acquinex hires
CEO McManus vows broker “will not be silent” over “unlawful” competitor behaviour.
Rachel Dalton
,
23 January 2025
Marine
Fidelis Partnership confirms 5% IG private placement
The business wrote the deal through its recently established Lloyd’s syndicate.
Samuel Casey
,
23 January 2025
Talent
Intact to make ex-PartnerRe CEO Clarke global specialty CEO
The executive will replace retiree Michael Miller.
Rachel Dalton
,
23 January 2025
Digests
Daily Digest: Top news from 23 January
A roundup of all the news you need, including KCC’s LA wildfire loss estimate.
Insurance Insider team
,
23 January 2025
M&A
SRG moves into mainland Europe with Ecclesia partnership
Some 700 colleagues will join the group as the German broker joins SRG’s shareholder roster.
Stephanie Denton
,
23 January 2025
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