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Mercury General reports net wildfire loss of $414mn with $2.15bn gross hit
The insurer has not decided whether to sell its Eaton subrogation rights.
Jairo Ibarra
,
07 May 2025
IGI Q1 CoR up 20.3 points to 94.4% on higher cats, lower earned premiums
Cat losses included $17.5mn from the CA wildfires and other events.
Jairo Ibarra
,
06 May 2025
Axa P&C GWP rises by 7% to EUR21bn for Q1
The carrier reported a below-budget cat experience, despite the California wildfires.
Abbie Day
,
06 May 2025
Aon Reinsurance Solutions makes Lyons Bermuda chief
The executive was previously a top US casualty broker.
Rachel Dalton
,
06 May 2025
MGA Crux hires Fell-Clark as COO
The executive was head of fine art and specie at Miller until February 2025.
Rachel Dalton
,
06 May 2025
SiriusPoint seeing ‘first tangible signs’ of aviation rate hardening: CFO
Space pricing experienced double-digit increases after the 2023 capacity retreat.
Jairo Ibarra
,
06 May 2025
Atrium launches strategic distribution team led by Chaucer’s Gilliland
Chance Gilliland spent a decade at Chubb underwriting property binders.
Samuel Casey
,
06 May 2025
Commercial market ‘transitional’ not soft: Markel’s Houser
Uncertainty around political climate, weather and a possible recession is firming the market, said Wendy Houser, President, wholesale and specialty, Markel.
06 May 2025
Everest appoints Mesagaes head of renewable energy
Jonathan Mesagaes will report to John Hyland, head of underwriting and marine.
Abbie Day
,
06 May 2025
Envelop appoints Morley as SVP underwriter in Bermuda
The appointment follows the recent exits of CUO Chatterjee and SVP Dharma-Wardana.
Abbie Day
,
06 May 2025
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