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Legacy
RiverStone closes $1.2bn LPT deal with QBE
RiverStone is assuming $1.2bn of a $1.6bn legacy deal.
Kyoung-son Song
,
31 October 2024
Bermuda
Property cat pricing expected to firm heading into 1.1: Everest’s Andrade
Andrade flagged expected 5% to 10% increases in the US and Europe.
Shelby Rosenberg
,
31 October 2024
Bermuda
Axis expects to grow primary casualty book next year: CFO
The company’s reshaping of the book will be substantially completed by year end.
Kyoung-son Song
,
31 October 2024
Brokers
Ryan Specialty paid $45mn for EverSports, $44mn for Ethos P&C
The wholesaler also paid $11.7mn in cash to Alera for the acquisition of Greenhill Underwriting.
Jairo Ibarra
,
31 October 2024
Brokers
Rates had minimal impact on WTW’s results: Hess
The global market is stabilising and softening, and casualty and specialty lines are generally stable, the CEO said.
Abbie Day
,
31 October 2024
Catastrophe losses
USAA pegs Hurricane Helene loss at $1.15bn, Milton at $218mn
The figures imply first-layer reinsurance recoveries for Helene.
Jai Singh
,
31 October 2024
Reinsurers
Hannover Re may lower retro cede for 2025
The reinsurer is planning to drop its cession rate from 40% to 30%-35%.
Rachel Dalton
,
31 October 2024
Brokers
Howden launches Howden Safe+ for mid-sized corporates
The cyber solution is backed by Mosaic, Chubb and Liberty Specialty Markets.
Abbie Day
,
31 October 2024
Digests
Daily Digest: Top news from 31 October
A roundup of all the news you need today, including WTW’s third-quarter results.
Insurance Insider team
,
31 October 2024
Brokers
WTW posts 6% Q3 organic growth with 10% risk and broking expansion
The broker posted a net loss of $1.67bn including pre-tax non-cash losses.
Samuel Casey
,
31 October 2024
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