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Catastrophe losses
Insured losses from storm activity at $51bn for 2024, above long-term averages: Munich Re
The carrier attributed the intensification of storms this season to climate change.
Jai Singh
,
04 December 2024
Digests
Daily Digest: Top news from 4 December
A roundup of all the news you need today, including Inigo’s retaining of Evercore to assess a range of capital options.
Insurance Insider team
,
04 December 2024
Re/insurers
Zurich targets middle-market but Lloyd’s not in three-year plan
The carrier is seen as a likely target of Lloyd’s ‘Big Game Hunting’ strategy.
Samuel Casey
,
04 December 2024
London market
Inigo appoints Evercore to explore strategic options
The Lloyd’s (re)insurer is looking to execute a five-year plan to double GWP to $3bn.
Adam McNestrie
,
04 December 2024
Specialty lines
Aon taps Cyber Re’s O’Connell as global cyber strategy and growth leader
The former CEO will also serve as executive managing director within Aon’s reinsurance solutions business.
Danielle Ling
,
04 December 2024
Specialty lines
Fortegra given green light for UK subsidiary by PRA
The firm said the UK hub demonstrates its commitment to expanding in Europe.
Rebecca Perkins
,
04 December 2024
Talent
Talent Tracker review: Staff turnover gained momentum in H2 2024
Marine and energy were the busiest lines, driven by high competition for talent.
Mehr Gill
,
04 December 2024
London market
McGill and Partners launches cross-class facility Auton
The broker facility is led by Beazley’s Smart Tracker Syndicate.
Adam McNestrie
,
04 December 2024
Bermuda
Everest Global Insurance chairman Karmilowicz to resign
Everest Group’s regulatory filing did not give a reason for the resignation.
Kyoung-son Song
,
03 December 2024
Brokers
WTW’s Bain JV will balance ‘strategic flexibility and capital efficiency’: CEO Hess
WTW will hold a significant minority stake in the start-up with an option to acquire complete ownership over time.
Jairo Ibarra
,
03 December 2024
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