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Daily Digest: Top news from 23 April
A roundup of all the news you need, including Scor’s hire of Philipp Rüede as L&H CEO.
Insurance Insider team
,
23 April 2025
Scor hires Swiss Re’s Rüede to turn around L&H division
The carrier announced a major writedown in its L&H book last year.
Samuel Casey
,
23 April 2025
US tariffs could dampen political risk and trade credit demand
Insolvencies caused by the tariffs could also cause increased losses
Abbie Day
,
23 April 2025
Admiral sells US auto insurance business Elephant to JC Flowers
The sale price represents Elephant’s approximate net asset value.
Jairo Ibarra
,
23 April 2025
Marsh sues Aon over construction surety team lift
Marsh alleges Aon also went after its clients as well as its employees.
Clark Mindock
,
23 April 2025
Perils pegs Cyclone Alfred loss at A$2.57bn
The storm made landfall in Queensland, Australia at the beginning of March.
Samuel Casey
,
23 April 2025
DXC hires Pieroni as ISB global strategy and growth leader
The executive will define strategic priorities and guide global growth.
Adam Kovac
,
23 April 2025
In Partnership With
Swiss Re Corporate Solutions
Climate change remains a ‘pervasive threat’ to economy: Swiss Re CorSo North America CEO McGrath
Parametric insurance and multi-year, multi-line structured solutions are two tools that can help insureds manage natural catastrophes, said Katie McGrath, regional CEO of North America for Swiss Re Corporate Solutions.
22 April 2025
Legacy specialist Premia exploring strategic options after approaches
The Kelso and Arch-backed run-off player has retained Evercore to advise.
Adam McNestrie
,
22 April 2025
LA wildfires drive Q1 losses to $56bn: Gallagher Re
SCS losses were also above average in Q1 due to “lingering” La Niña conditions.
Jai Singh
,
22 April 2025
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