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Latest news from Insurance Insider
It comes as the MGA expects to write more than $1bn of premium in 2026.
The underwriter has worked for Markel in Singapore since 2020.
M&A
The carrier has renewed and extended its capacity arrangement with the MGA.
Joel Hodges will run the international business as managing director.
Panellists at Insider Progress shared fixes for bias, confidence and culture.
The newly united company has set out ambitions to double in size by 2030.
Sources said Marsh Specialty UK growth leader Lizzy Howe will lead the operation.
The former civil servant joined the Corporation in October 2021.
M&A
Seller White Mountains will retain a roughly 15% fully diluted equity stake.
Jo Smart has worked for Torus and Aegis during his two decades in the market.
West Hill Capital is the main investor in the capital raise.
Volante launched Syndicate 1699 in 2021.
The aviation market has experienced a run of large losses this year.
M&A
The business has been ~70% owned by White Mountains since January 2024.
Plus, the latest people moves and all the top news of the week.
Julia Graham played a key role in the UK's introduction of captive-friendly regulation.
The executive has worked at Aon for almost two decades.
Landa was part of the team lift led by Michael Parrish, who is CEO of the US retail arm.
Stephan Simon left BMS in June 2024 after almost three years in the role.
High capacity is adding to competition in the upstream energy space.
The firm offered W&I cover with capacity of up to £16mn per transaction.
The Bermuda-based executive joined the Ardonagh Group’s reinsurance broking arm in March 2023.
M&A
Spectrum joins investors ForgePoint, Hudson and MTech.
Stephen Ridgers is leaving his current role as head of construction midcorp at Allianz Commercial.
Other MGAs in the transactional-liability class are also expanding into the US.
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Competitor news

Competitor news

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From Insurance Insider ILS

Cat bond market yields hit 9.43% in September: Plenum

The figure comprises 5.48% of insurance discount margin and 3.96% of risk-free rate.
From Insurance Insider

CNA Hardy names Booth head of specialty as Berman departs

Ariel Berman joined the company as head of specialty in 2023.
From Insurance Insider

Property cat aggregate placement grew 50% in 2025: Aon

Supply for property outstrips demand, but the casualty market is “bifurcated”.
From Insurance Insider ILS

Hannover Re to set up ILS platform in Bermuda

Aaron Garcia will hold a senior role at the operation, sources have confirmed.
From Insurance Insider ILS

Cat bond funds outpace private ILS by 2.01 points in H1: ILS Advisers

The ILS Advisers Fund Index reported a profit of 1.11% in June.
From Insurance Insider ILS

Zurich ILS managers unphased by ESMA’s view on cat bond UCITS inclusion

Managers believed end-investors value diversification and non-correlation of cat bonds over liquidity.
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Insurance Insider US provides robust insights, sharp analysis and exclusive news on the London and global (re)insurance markets.

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Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.