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The worsening of extreme weather is becoming a global problem, presenting data challenges.
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The acquisition will position Ageas as one of the top three UK personal lines insurers.
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It is understood that Marsh brokered the tower, which is exposed to claims from a 2024 breach.
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The Lloyd’s syndicate is a lead market in aviation war.
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Current specie head Victoria Bell is leaving Argenta to join Axis.
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The investment recovery will be welcome but Chinese tariffs will contribute to loss-cost inflation.
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European reinsurers, London market carriers and composites all enjoyed healthy trading.
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A positive outcome could significantly curb insurers’ exposure to the loss.
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Erik Manning is joining the business from BMS as head of ceded reinsurance.
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Storms in the UK and Ireland drove losses in the commercial segment.
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Aegis 1225 jumped from fifth place last year to become the most profitable syndicate of the last decade.
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The book of business comprises both personal and commercial lines.