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Digests
Daily Digest: Top news from 26 November
A roundup of all the news you need today, including appointments at Arch, Howden Re and Hamilton Re.
Insurance Insider team
,
26 November 2024
Talent
Clear Group appoints Holloway as M&A director
The executive will join from Miller.
Rachel Dalton
,
27 January 2025
TPT calls for wider adoption of transition plans as mandate concludes
The Transition Plan Taskforce was established by HM Treasury and announced at COP26 in Glasgow in November 2021.
Rebecca Perkins
,
31 October 2024
Catastrophe losses
Verisk pegs Palisades and Eaton fire insured loss at $28bn-$35bn
Losses from the larger fire will amount to $20bn-$25bn, the modeller said.
Rachel Dalton
,
22 January 2025
Energy
The Hartford takes ex-Liberty exec Clifton to write renewable energy
The underwriter resigned last year and had been due to launch a renewables book at Globe Underwriting.
Rachel Dalton
,
24 October 2024
Personal lines
Direct Line shares soar by 40% after it rejects Aviva overture
Analysts suggested Aviva could sweeten its offer for the UK personal-lines carrier.
Jim Robinson
,
28 November 2024
M&A
BPL hires Hines Associates for strategic review
The firm is seen as an outstanding competitor to larger rivals in credit and political risk.
Rachel Dalton
,
04 December 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
Reinsurance
Swiss Re adds $2.4bn to US casualty reserves in Q3
The carrier’s Q3 net income will be around $100mn, far below consensus.
Rachel Dalton
,
07 November 2024
Talent
Aviva takes Chubb’s Goodwin for cargo in Lloyd’s marine push
The carrier can write marine on company and Lloyd’s platforms after the Probitas deal.
Samuel Casey
,
25 November 2024
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