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Legacy
Everest explored massive legacy deal as part of casualty remediation
The carrier tapped the run-off market in Q4 for a US casualty insurance-focused portfolio.
Adam McNestrie
,
09 January 2025
London market
Aviation market ‘amazingly calm’ over lessor claims in oversubscribed Q4: Gallagher
The broker cautioned unresolved Russia-Ukraine claims remain a ‘Black Swan’
Rebecca Perkins
,
09 January 2025
MGAs/MGUs
Aviation MGA Hive inks capacity deal with Hiscox, Probitas, MCI and Sukoon
The MGA can now put down $200mn lines in the niche aviation war class.
Rebecca Perkins
,
09 January 2025
Catastrophe losses
Morningstar DBRS: LA wildfire insured loss could exceed $8bn
Moody’s also expects losses in the billions of dollars.
Rachel Dalton
,
09 January 2025
London market
Market must ‘hold its nerve’ on Blueprint Two: LMA’s Cameron
The flagship project to digitise the market has been beset by delays and mounting costs.
Samuel Casey
,
09 January 2025
Digests
Daily Digest: Top news from 9 January
A roundup of all the news you need, including the latest on the LA wildfires and S&P on Lloyd’s CEO John Neal's departure.
Insurance Insider
,
09 January 2025
Catastrophe losses
California Fair Plan Pacific Palisades exposure at ~$6bn
Six wildfires are now burning in SoCal, with the Palisades fire being the largest.
Rachel Dalton
,
09 January 2025
Specialty lines
McGill launches Ukraine war risk insurance facility
The broker partnered with Ukrainian carrier ARX and Lloyd’s Lab InsurTech FortuneGuard.
Abbie Day
,
09 January 2025
Lloyd’s
Lloyd’s overlapping transitions and Neal’s legacy
The CEO’s accelerated exit could cost momentum, and shortens Tiernan’s odds of succeeding.
Adam McNestrie
,
09 January 2025
Catastrophe losses
Two more fires hit Los Angeles as 130,000 people evacuated
Six fires now cover more than 27,000 acres across Southern California.
Abbie Day
,
09 January 2025
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