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ILS returns down in H1 but remain at high levels: AM Best
Returns were down on 2023, which benefited from favourable Ian loss development.
Jai Singh
,
19 August 2024
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
M&A
SRG moves into mainland Europe with Ecclesia partnership
Some 700 colleagues will join the group as the German broker joins SRG’s shareholder roster.
Stephanie Denton
,
23 January 2025
Brokers
TIH rebrands as CRC following retail platform sale
The group will house a segment for specialty and benefits and another for underwriting.
Rachel Dalton
,
03 March 2025
PV/Terror
Specialty reinsurers widen PVT coverage as competition mounts at 1.1
Swiss Re has retreated from its “escalation clause” for the Middle East.
Samuel Casey
,
17 December 2024
London market
Brokers ramp up stealth push on London market brokerage amid cycle shift
A recent drive for additional brokerage underscores the shift towards a softer market.
Rachel Dalton
,
20 December 2024
Lloyd’s
Hiscox Syndicate 033 books 12.5% return for 2022 YoA
The result is 1.1 points ahead of the midrange of a 6.4%-16.4% forecast.
Rachel Dalton
,
03 March 2025
Arch continues to build out onshore-energy team
Michael O’Neill has been promoted to onshore power and renewables underwriting manager.
Rebecca Perkins
,
29 January 2025
Digests
Daily Digest: Top news from 16 October
A roundup of all the news you need today, including Solasta Innovation’s decision to scrap plans to launch in 2025.
Insurance Insider
,
16 October 2024
MGAs/MGUs
Increased flexibility will help MGAs face challenging market conditions: MGAA
The organisation has released its mission for 2025 and signed a MoU with the ABI.
Stephanie Denton
,
13 February 2025
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