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Talent
Moruzzi and Cope to join Lockton Re as senior brokers
Daniel Moruzzi joins from Ascot and Matthew Cope joins from Aon.
Abbie Day
,
14 January 2025
Catastrophe losses
Canadian insured losses reached record-breaking C$8.5bn in 2024
The 2024 loss figure exceeded that of the previous record of C$6.2bn in 2016.
Abbie Day
,
13 January 2025
Catastrophe losses
Aon pegs property losses to-date for California fires at $15bn-$20bn
The Palisades fire is estimated at $9bn-$12bn, while Eaton is $6bn-$8bn.
Rachel Dalton
,
13 January 2025
Brokers
Space UWs can shift from ‘short-term survival’ mode following rate hikes
The broker said the market had entered a ‘new normal’ after $2bn+ losses
Rebecca Perkins
,
13 January 2025
Legacy
Augment Risk adds Swiss Re legacy specialist Martinez
Augment has been building its staff base after launching with Altamont backing in 2023.
Samuel Casey
,
13 January 2025
Catastrophe losses
Utility firm SoCal Edison investigated in relation to Hurst Fire
Utilities have faced major liabilities for their involvement in starting wildfires.
Samuel Casey
,
13 January 2025
Digests
Daily Digest: Top news from 13 January
A roundup of all the news you need, including the latest on the LA wildfires.
Insurance Insider team
,
13 January 2025
Talent
White Bear Managers adds Woodward and Long for bloodstock play
The pair have joined from Ryan Specialty Group’s Castel.
Rachel Dalton
,
13 January 2025
London market
Aegis London launches portfolio underwriting unit
Head of portfolio solutions Richard Palengat will lead the division.
Rachel Dalton
,
13 January 2025
Talent
Arch Insurance EU promotes Smith to CEO
Outgoing chief Søren Scheuer will become a non-executive director.
Rachel Dalton
,
13 January 2025
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