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Regulation
Biba strives for ‘proportionate’ regulation under 2025 manifesto
The association has published a six-point plan to lessen red tape on brokers.
Rachel Dalton
,
15 January 2025
Energy
Moss Landing battery loss has shaken underwriter confidence: Nardac’s Sharma
Coverage restrictions in renewables are increasing risk for investors.
Samuel Casey
,
07 February 2025
London market
Lancashire targeting single-digit top-line growth in slower 2025 market
CEO Alex Maloney said the LA fires might prompt some carriers to go more “risk-off”.
Fiona Robertson
,
06 March 2025
Bermuda
RenRe Q4 CoR deteriorated 15.7 points to 91.7% on Milton losses
Hurricane Milton brought the firm net losses of $270mn in Q4, while it forecast up to a $750mn wildfire hit for Q1.
Caroline Ryan
,
28 January 2025
Reinsurers
HDI Global 2024 profits jump 57.4% to EUR772mn
The combined ratio improved 1.5 points to 90%.
Abbie Day
,
25 March 2025
Catastrophe losses
Gallagher Re pegs insured loss for US storms in March at $1bn-$3bn
The March 13-16 storms would mark the first billion-dollar US SCS event of the year.
Jai Singh
,
21 March 2025
Cyber
CFC promotes Burns to newly created global head of cyber role
Jason Hart, head of proactive cyber, was also promoted to managing director.
Danielle Ling
,
31 January 2025
Specialty lines
Willis aviation buildout intensifies with Marsh’s Shipman and O’Raidy
The pair add to the roster of aviation-focussed hires at WTW.
Rebecca Perkins
,
29 April 2025
Brokers
Gallagher launches smart-follow facility Evolve
The portfolio tracker facility is led by Canopius.
Rebecca Perkins
,
04 February 2025
Re/insurers
The Week in 90 Seconds: McGill, ACT, Stone Point, Renewals
A quick roundup of the top stories of the week.
Jim Robinson
,
20 December 2024
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