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Resilience extends RSA binding authority to write via London

The MGA’s US clients will now have access to London market capacity.

Rachel Dalton, 20 February 2025
Daily Digest: Top news from 20 February

A roundup of all the news you need, including a potential $300mn TL loss.

Insurance Insider team, 20 February 2025
TL carriers face potential $300mn loss from Altria-NJOY patent dispute

The traditional R&W product is seeing an increasing number of large losses.

Ayesha Venkataraman, 20 February 2025
Strong potential for ‘sharp change’ in aviation market in 2025: Willis

Q2 renewals will likely signal changes in the reinsurance market, the broker said.

Rebecca Perkins, 20 February 2025
Price Forbes’ Draycott takes on Alliant consulting role

The executive will maintain his advisory role with the Ardonagh-owned wholesaler.

Rachel Dalton, 20 February 2025
Marsh adds capacity to Fast Track facility

Fast Track is led by QBE and backed by Canopius, Arch and Beazley.

Rebecca Perkins, 20 February 2025
One year on from Baltimore, is IG renewal up to scale for marine threats?

Social inflation and larger vessels are making multi-billion losses more likely.

Samuel Casey, 20 February 2025
Zurich delivers 94.2% CR as P&C operating profit up 8%

The carrier pegged its California wildfire losses at $200mn pre-tax.

Rebecca Perkins, 20 February 2025
Fidelis Insurance Group takes $287mn aviation reserve charge

In tandem, it pegged its net cat loss estimate from California wildfires at $160mn-$190mn.

Kyoung-son Song, 19 February 2025
Progressive incurs $43mn in January cat losses due to California wildfires

The carrier said 72% of those losses occurred in personal property.

Caroline Ryan, 19 February 2025

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