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Daily Digest: Top news from 19 March
A roundup of all the news you need, including JMG Group’s sale process.
Insurance Insider team
,
19 March 2025
Marsh promotes Barnes to global head of energy and power
The broker has also named Andrew Herring chair of the division from next year.
Rebecca Perkins
,
19 March 2025
TMHCCI appoints Eagles senior marine cargo underwriter
The hire follows Camilla Gower’s promotion to marine and energy liability head.
Abbie Day
,
19 March 2025
Talanx P&C Q4 profits jump to EUR657mn as CoR improves 15pts
Hurricane Milton was the largest group loss event at EUR290mn for the year.
Rebecca Perkins
,
19 March 2025
Reinsurers’ wildfire pain will vary but some cat books may not break even
Sources warned some property XoL books are already running 50% loss ratios.
Fiona Robertson
,
19 March 2025
European insurance M&A sees record 694 deals in 2024: FTI Consulting
Brokers and service providers dominated transaction activity.
Samuel Casey
,
19 March 2025
PartnerRe’s 2024 non-life CoR increases 9 points to 90.6%
The segment’s underwriting results halved to $532mn in 2024 from $1.07bn in the prior year.
Kyoung-son Song
,
18 March 2025
Capital Partners ‘Pleased’ With 26% Fee Income Gain in 2024: Hiscox’s Reardon
Kathleen Reardon, CEO of Hiscox Re & ILS, also talked about the impact of the California wildfires and why it’s important for cedants to work with a reinsurer with strong underwriting and modelling skills when disaster strikes.
13 March 2025
Driesassur Group announces passing of ex-CEO Eric Spruyt
The broker was a significant producer of jewellers block business to Lloyd’s.
Samuel Casey
,
18 March 2025
Cheers-Berry to head Davies delegated-authority management service
Stuart Cheers-Berry was delegated underwriting authority controller at PoloWorks.
Abbie Day
,
18 March 2025
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