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Trueman to leave CFC as carrier ‘reshapes’ CUO role
CUO responsibilities will now be split out across senior underwriting leadership.
Abbie Day
,
13 February 2025
IAG profits jump 91% to A$778mn for 2025 financial half-year
The Australian carrier disclosed A$426mn in net cat losses during H1.
Abbie Day
,
13 February 2025
Lessor settlements: Narrowing loss expectations amid ongoing litigation
Settlements could reduce seized aircraft quantum to the mid-single billions of dollars.
Rebecca Perkins
,
13 February 2025
Lancashire pegs California wildfire losses at $145mn-$165mn
The carrier is “extremely well capitalised” to achieve its strategic ambitions.
Abbie Day
,
13 February 2025
State Farm reveals $6.85bn loss estimate from California wildfires in rate filings
The insurer disclosed the estimates as it seeks emergency rate hikes from regulators.
Clark Mindock
,
12 February 2025
Most carriers anticipate market hardening in next 12 months: Gallagher Bassett
Annual report pegged data and cyber security risks as most cited business challenges.
Clark Mindock
,
12 February 2025
Lloyd’s promotes Alexander to director of DA to lead strategy
Last year, Patrick Tiernan issued a warning to syndicates to properly manage their DA portfolios.
Stephanie Denton
,
12 February 2025
Run-off deals totalled $6.6bn in 2024 with ‘trifurcation’ of size: PwC
The second half of the year was significantly more active for the legacy market.
Samuel Casey
,
12 February 2025
Convex takes Starr’s Rose for upstream energy
The upstream market has undergone a period of high personnel movement.
Samuel Casey
,
12 February 2025
Lockton to build out airline and aerospace book under Costin
The former Marsh aviation CEO is expected to join Lockton next month.
Rebecca Perkins
,
12 February 2025
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