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Australia’s IAG enters ADC deal with Enstar for long-tail liabilities

Enstar will provide $430mn of excess cover over ~$1.7bn of underlying reserves.

Jairo Ibarra, 28 June 2024
Commercial insurance rates moderating: Lockton

Challenges such as climate change and civil litigation remain troubling.

Caroline Ryan, 27 June 2024
Rate reductions and ‘more than ample’ capacity at mid-year: Aon

The broker said US insurers purchased around $5bn of additional cat limit.

Samuel Casey, 27 June 2024
Gallagher Re hires Rudden as head of green solutions

Richard Rudden left Fidelis MGU as head of energy transition in March.

Ayesha Venkataraman, 27 June 2024
Insured SCS losses already exceed $30bn for US this year: Bowen

The Gallagher executive called it a “relentless start to the year”.

Ayesha Venkataraman, 27 June 2024
Howden Capital Markets & Advisory appoints Bamsey as MD

Sébastien Bamsey joins from JP Morgan, where he has worked for 18 years.

Jim Robinson, 27 June 2024
WeFox to replace recently appointed CEO Hartigan: reports

Mark Hartigan reportedly backed a proposal to sell parts of the InsurTech to Ardonagh.

Abbie Day, 27 June 2024
Velocity and Louisiana State University join forces on hurricane model

The model uses machine learning and daily data to forecast hurricane seasons.

Rachel Dalton, 27 June 2024
Lockton launches global space practice with Piiq’s George at the helm

Ian George will be joined by Sawyer and Williamson as account executive and consultant respectively.

Abbie Day, 27 June 2024
Ex-Beazley energy underwriter Barnes to land at Tokio Marine Kiln

This publication reported in April that Alexandra Barnes had resigned from Beazley.

Samuel Casey, 27 June 2024

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