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M&A
Gallagher closing in on deal for PIB as it continues deal streak
Sources suggested that the multiple could be as low as the 13x range as valuations reset.
Adam McNestrie
,
14 May 2025
Specialty lines
Aon finds ‘significant increase’ in W&I claims in 2024
In North America, the median W&I claim payment in 2024 was $5.5mn, the highest on record.
Ayesha Venkataraman
,
24 June 2025
Catastrophe losses
Insured losses for Texas storms could reach billions of dollars: Aon
Most of the losses are attributable to a supercell storm in Texas.
Jai Singh
,
30 May 2025
Lloyd’s
The Week in 90 Seconds: Lloyd’s CEO, Aspen, Carbon, ILS
Plus, the latest people moves and all the top news of the week.
Ayesha Venkataraman
,
09 May 2025
Lloyd’s
Allianz exploring Lloyd’s entry with captive reinsurance syndicate
Lloyd’s executives have suggested ceded reinsurance syndicates could help London compete in treaty.
Fiona Robertson
,
01 July 2025
Talent
Descartes Insurance enters credit, political risk market
The insurer has hired Coface’s Hélène Martin to support its expansion.
Abbie Day
,
10 July 2025
London market
Investment cavalry will not ‘save the day’ in this cycle: Liberty’s Warren
The executive criticised the ongoing underrepresentation of women in senior leadership roles.
Samuel Casey
,
02 May 2025
PV/Terror
Sompo Intl crisis management head Al-Salihi to join Alchemy
The underwriter has worked for RiverStone, Advent, Lloyd’s and AIG.
Rachel Dalton
,
23 June 2025
Commercial lines
Burford Capital says Chubb’s litigation finance stance could be anti-competitive
Burford’s CEO said Chubb is inappropriately using its corporate power.
Clark Mindock
,
27 May 2025
Reinsurance
Tariff volatility flags value of ‘uncorrelated’ insurance investments: MS Transverse
The firm acted as the front for Trouvaille Re, the E&S property sidecar for MGA AmRisc.
Farhin Lilywala
,
22 April 2025
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