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Service provider

  • The outlook flags “large uncertainties” amid possible El Niño through summer 2026.
  • Global insurance premiums reached an all-time high of $15.3bn by year end 2024.
  • The system is designed to pay claims faster as well as improving capital efficiency.
  • M&A
    The transaction is Davies’ largest strategic M&A addition to date.
  • The federation, FASE, aims to connect all participants to provide a voice for European MGAs.
  • M&A
    The company and its main debt provider Ares agreed to relax its debt terms in April.
  • The hire will lead the firm’s UK and Europe operations.
  • Julia Graham played a key role in the UK's introduction of captive-friendly regulation.
  • M&A
    Spectrum joins investors ForgePoint, Hudson and MTech.
  • The executive has been with ASG since it was formed in 2016.
  • The economic loss from the event was around EUR7.6bn.
  • Losses were primarily driven by personal property lines.
  • The tech firm is building a joint stock company with insurers and investors.
  • A survey from PwC described the sector as “stable”, “evolving” and “dynamic”.
  • The firm has also updated the loss-calculation engines of existing Jeannie tools.
  • The US has been lucky over recent decades to avoid a $100bn insured hurricane event.
  • Steven Crabb will become deputy chairman on the insurance solutions division.
  • Both organisations still predict an above-average hurricane season.
  • The forecast has increased since the early July update due to several additional factors.
  • The model becomes the second in the state to get approval to affect ratemaking applications.
  • M&A
    The company provides management workflow for residential contractors.
  • The figure updates an April estimate of EUR696mn.
  • The weather-modelling agency is predicting a below-normal season.
  • The company resumed work on a public offering in September.