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Specialty lines
Bishop Street ventures into London market with Landmark Underwriting takeover
The deal follows Bishop Street’s acquisition of Ethos’ TL operations from Ascot.
Jairo Ibarra
,
25 November 2024
Catastrophe losses
KCC estimates LA wildfire insured loss at $28bn
The total includes fire and smoke damage plus living expenses for evacuees.
Rachel Dalton
,
23 January 2025
Re/insurers
Budget 2024: Insurance segment takeaways
Chancellor Rachel Reeves has raised the capital gains tax’s higher rate to 24% from 20%.
Stephanie Denton
,
30 October 2024
Marine
Aegis London rebuilds cargo unit with Talbot’s Jones
New entrants in the cargo space have caused another round of talent displacement.
Samuel Casey
,
27 January 2025
London market
Lloyd’s to add new legacy controls, seeks cyber aggregate data
The Corporation’s CUO said managing agents must ensure they manage the future differently to the past.
Stephanie Denton
,
19 September 2024
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
Personal lines
Progressive incurs $43mn in January cat losses due to California wildfires
The carrier said 72% of those losses occurred in personal property.
Caroline Ryan
,
19 February 2025
M&A
MS&AD to merge Mitsui Sumitomo and Aioi Nissay Dowa businesses
The merger is set for April 2027, subject to regulatory approval.
Abbie Day
,
28 March 2025
Marine
The Hartford marine exits continue as Chu leaves for Beazley
A spree of new entrants in the cargo market has resulted in recent talent turmoil.
Samuel Casey
,
27 November 2024
Digests
Daily Digest: Top news from 31 January
A roundup of all the news you need, including Atrium exploring strategic options.
Insurance Insider
,
31 January 2025
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