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Catastrophe losses
Verisk pegs Storm Boris insured losses at EUR2bn-EUR3bn
The loss estimate covers Czechia, Poland and Austria.
Rebecca Perkins
,
01 October 2024
Digests
Daily Digest: Top news from 1 October
A roundup of all the news you need today, including Howden’s plans to move its cross-class smart-follow unit.
Insurance Insider team
,
01 October 2024
Claims and losses
Floods ‘by far the biggest’ contributor to total industry loss in 2024: Cresta
Key floods this year outside of the US include the Rio Grande do Sul.
Abbie Day
,
01 October 2024
London market
Opinion: Diversity initiatives must reply to detractors or they could face extinction
DEI has faced a backlash in the US where companies have pulled back from targets and initiatives.
Stephanie Denton
,
01 October 2024
London market
Beazley appoints Bantick CUO after Quane decides to retire
Paul Bantick will continue to oversee the cyber risks division during the search for his successor.
Abbie Day
,
01 October 2024
London market
Howden to shift Rethink from Dual to specialty broking segment
The smart-follow unit was launched as part of Howden’s HX in 2020.
Liz Bury
,
01 October 2024
Brokers
Acrisure Re hires Gallagher Re’s Sharpe to head London specialty team
The broker has also worked in underwriting roles at XL Re and TransRe.
Rachel Dalton
,
01 October 2024
Catastrophe losses
Moody’s RMS stochastic tool predicts mean Helene losses of $11.1bn
The numbers will be refined further to arrive at an industry loss estimate.
Shelby Rosenberg
,
30 September 2024
London market
Markel Specialty to reshape US professional liability business
This will not impact Markel International, which will continue to operate out of the UK.
Abbie Day
,
30 September 2024
Brokers
Marsh McLennan agrees to acquire McGriff in $7.75bn deal
The transaction will be one of the largest involving two strategics in broking history.
Rachel Dalton
,
30 September 2024
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