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IGI Q4 CoR drops 4 points 77.8% on favourable development, lower cats

The carrier reported $2.8mn of favourable development compared to a $3.3mn charge a year ago.

Jairo Ibarra, 25 February 2025
Price Forbes promotes Hasan to energy CEO

The broker joined the Ardonagh Group from Gallagher’s Alesco in 2017.

Rachel Dalton, 25 February 2025
Sandeman-Allen to succeed Montanaro as Lloyd’s market oversight director

Montanaro will remain at Lloyd’s as an adviser until the end of May.

Rebecca Perkins, 25 February 2025
Lockton deputy marine head Santamaria to exit

The marine market has experienced another flurry of personnel movement.

Samuel Casey, 25 February 2025
AUB international unit books A$38.6mn pre-tax profit for H1 2025

The division reported revenue up 10.4% at A$204.2mn.

Rachel Dalton, 25 February 2025
Lochain Patrick mariners Leng and Longley exit broker

The departures come after long-serving MD Andrew Hills left the business last year.

Samuel Casey, 25 February 2025
Daily Digest: Top news from 25 February

A roundup of all the news you need, including Price Forbes’ promotion of Nawaf Hasan.

Insurance Insider, 25 February 2025
London P&I Club premiums increase 13% for 2025

An increase in tonnage from new and existing members drove up income.

Rachel Dalton, 25 February 2025
Broker M&A: The jammed conveyor belt problem arrives in London

PIB’s broadened sale process is symptomatic of wider investor sentiment around brokers.

Rachel Dalton, 25 February 2025
Volt Underwriting plans ports and terminals entry with AIG’s Haines

The MGA launched last October with a B.P. Marsh investment.

Samuel Casey, 24 February 2025

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