-
Trevor Gallagher has been appointed COO of the unit. -
SCS insured losses accounted for 48% of all global losses last year.
-
The agency cited falling property rates and US casualty challenges.
-
It is understood that Salcedo will join Aon as P&C treaty head for Colombia and Ecuador.
-
The reinsurance broker will be known as Marsh Re starting in 2027 as part of a broader company shift.
-
Guy Carp has been rebuilding its marine and energy team after a major Willis Re team lift.
-
The ICA has escalated its ‘significant event’ declaration to ‘insurance catastrophe’.
-
The former Aon executive joins the reinsurance intermediary in London.
-
Andrew Creed was named group president in addition to CFO last year.
-
Sources said they expected FM to keep around $2bn of the maximum line net.
-
The broker has analysed the differences in wildfire risk between Northern and Southern California.
-
The capacity backs the reinsurance underwriter to cover international risks outside the US.
-
The specialty reinsurance market is experiencing high competition and staff turnover.
-
Barry Gale has spent almost five years at the broker.
-
Syndicate 2047 is set to launch on 1 April, managed by Polo.
-
The facility is backed by a consortium including Arch, Munich Re Specialty and Scor.
-
The LA wildfires resulted in the largest insured loss of the year, at $40bn.
-
Georgina Meyer joins the broker as executive director of UK property.
-
The executive will take the position left vacant by Alain Bizet, who moved to lead Chaucer LatAm in Miami last year.
-
November hailstorms and current storms and bushfires racked up claims.
-
Fresh from a deal with QBE Re, the investment firm discusses drivers of casualty ILS growth.
-
Nick Durant helped launched Lockton Re North America in 2019.
-
Jen Tan was most recently head of portfolio strategy.
-
The CEO said the industry’s penetration outside its traditional heartlands remains “woeful”.
-
What is the strategic thinking behind The Fidelis Partnership’s unique business model?
-
The unit will be led by Ed Hochberg, global risk solutions leader at Guy Carpenter.
-
It is understood the marine reinsurance programme renewed largely flat.
-
-
The recruit is expected to take on a role at the WTW/Bain Capital start-up after sitting out a year of gardening leave.
-
The sidecar has backing from Culpeper Capital Partners, Calidris Investment Partners and Compre.
-
Reinsurers are pushing for cat signings and hoping the new pricing floor will hold.
-
Zaffino will become executive chair of AIG and retire as CEO by mid-year.
-
The carrier acquired the motor insurer in September last year.
-
Carrier M&A will continue to be a feature, as pressure for returns on AI investment ramps up.
-
Ashleigh Edwards will report to group CUO Mark Pepper.
-
Reinsurers’ average RoE was 16% as of September 2025.
-
Silies joined Sompo in 2022 as head of marine and energy.
-
Canopius relinquished its lead on the placement in the run-up to the 1 January renewal.
-
Insurance Insider looks at key drivers of supply-demand dynamics in global specialty markets.
-
The president and CEO will also be eligible for up to $50mn in shares.
-
Tom Wakefield says there is scope for opportunistic reinsurance purchases in 2026.
-
The renewal was characterised by abundant capacity and strong competition.
-
The market was unphased by January’s record wildfire loss in Los Angeles.
-
Non-loss impacted major property program rates were down by up to 20% at the renewal period.
-
The pricing battle has been played out but the extent of new demand will only show up in 2026.
-
The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals.
-
Price has become a key differentiator in marine and energy.
-
Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
-
Market participants on programs/MGU business in particular feel there's more capacity than 12 months ago.
-
Howard Hughes Holdings agreed to buy the carrier for $2.1bn.
-
Cedants are opting to bank double-digit savings as reinsurers fight for market share.
-
The US insurer squeezed its retention in a renewal where cat treaty retentions are widely holding steady.
-
The market is conceding some ground on wordings, after a tightening of conditions post-Ukraine.
-
Market sources have also raised the prospect of moving the market beyond bureau reliance.
-
What were the defining moments that shaped the insurance market in 2025?
-
The facility provides solvency support via a fresh equity injection under various scenarios.
-
The finance committee discussed shifting market dynamics as tort reform takes effect.
-
Andrew Ealey joined Canopius in 2010 as a property treaty underwriter.
-
Several of Henrietta Butcher’s former Tysers colleagues have also moved to Lockton Re.
-
From 2026, the facility will also offer longer maximum construction periods.
Most Recent
