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Digests
Daily Digest: Top news from 19 December
A roundup of all the news you need today, including Perils’ new estimate for the Central Europe and Italy floods.
Insurance Insider team
,
19 December 2024
Legacy
Augment Risk hires McElhiney for captives offering
The reinsurance veteran joins from Artex Risk Solutions.
Rachel Dalton
,
19 December 2024
Commercial lines
Ardonagh: The Stone Point seal of approval
The strong deal multiple underscores the view of London as a “gateway to the world” for brokers.
Adam McNestrie
,
19 December 2024
Catastrophe losses
Perils ups Central Europe, Italy flood loss estimate 10% to $2.16bn
Most of the industry losses occurred in Austria, the Czech Republic and Poland.
Jai Singh
,
19 December 2024
Regulation
ECB and Eiopa propose public-private reinsurance scheme for nat cats
The bodies said that the benefits of diversity and scale would help improve coverage.
Samuel Casey
,
18 December 2024
Brokers
WTW appoints Simm as Great Britain head of facultative
Tony Simm will report to Garret Gaughan, global head of direct and facultative.
Abbie Day
,
18 December 2024
Marine
IG confirms $3.1bn re structure after ‘challenging’ Baltimore year
The IG said this year had been “more difficult” for the group’s reinsurance partners.
Samuel Casey
,
18 December 2024
Brokers
Amwins renews Amplify facility for 2025 and ups line size to 20%
Recent weeks have seen a string of facility launches and capacity increases.
Samuel Casey
,
18 December 2024
Renewals
New reinsurance entrants won’t tip balance: Conduit Re
Chairman Neil Eckert and CEO Trevor Carvey said the outlook for the market remains "very good".
Rebecca Perkins
,
18 December 2024
Insider On Air
In Partnership With
Arch
Insights on the Shifting D&O Insurance Market
Maggie Munns, Head of Executive Assurance for Arch Insurance International, on the evolving D&O market, discussing challenges, strategies, and a 2025 outlook.
18 December 2024
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