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The PVT market saw falling rates and several risk losses during 2025. -
Zaffino will become executive chair of AIG and retire as CEO by mid-year.
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The executive replaces Andrew Brooks, who served two consecutive terms.
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The carrier acquired the motor insurer in September last year.
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Gallagher’s $13.45bn deal for AssuredPartners was completed in August.
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The Luxembourg platform is set to begin underwriting in April.
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David Saillen succeeds Pierre-Edouard Fraigneau, who was appointed Europe president in July.
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Carrier M&A will continue to be a feature, as pressure for returns on AI investment ramps up.
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The move comes after a 200+ person mass team lift from Brown & Brown’s retail business in the US.
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Ashleigh Edwards will report to group CUO Mark Pepper.
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This publication exclusively revealed the $1bn deal last November.
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Reinsurers’ average RoE was 16% as of September 2025.
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Silies joined Sompo in 2022 as head of marine and energy.
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The US CEO said the acquisition will be “truly transformative” for its TL clients.
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Atlantic’s founders are to become Howden shareholders.
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The underwriting unit has also rebranded D&O specialist Leopanthera.
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Insurance Insider looks at key drivers of supply-demand dynamics in global specialty markets.
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Thomas Joyce is also joining the London wholesaler, launched last year.
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The president and CEO will also be eligible for up to $50mn in shares.
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Tom Wakefield says there is scope for opportunistic reinsurance purchases in 2026.
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The renewal was characterised by abundant capacity and strong competition.
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The market was unphased by January’s record wildfire loss in Los Angeles.
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Non-loss impacted major property program rates were down by up to 20% at the renewal period.
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The former SPA graduates to a full syndicate under Probitas management.
