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Renfe has mandatory accident insurance with Everest and liability cover with QBE. -
Lloyd's said Jim Bichard's experience included advice on innovative capital structures.
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Plus, the latest people moves and all the top news of the week.
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A key area of focus for the watchdog this year is delegated authority.
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The trade body called for a new Financial Services Bill early in 2026.
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The executive worked at Price Forbes in various positions, including aviation director and LatAm CEO.
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The biggest riser in this year’s Allianz Risk Barometer was AI.
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Philipp Rüede succeeds François de Varenne, who will become senior advisor to the CEO.
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The capacity backs the reinsurance underwriter to cover international risks outside the US.
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Upon closing, the unit will be renamed First Product Protection.
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The sale will see a transfer of renewal rights and the product recall team.
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The LA wildfires resulted in the largest insured loss of the year, at $40bn.
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Fresh from a deal with QBE Re, the investment firm discusses drivers of casualty ILS growth.
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The report emphasises the need for clarity around roles and responsibilities.
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The food corporation has not taken out a product recall policy which would respond to the incident.
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The carrier will offer $10mn per risk, targeting large corporations.
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The executive spent a year as Ki Syndicate 1618 active underwriter.
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The executive is leaving her role as HDI Global UK and Ireland CEO.
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EQT, PAI and Stone Point were involved in early bidding for the asset.
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The carrier has appointed Simon Hunt as interim CEO and Ger Twomey as interim CFO.
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Global head Bailey said SME demand has seen a “significant increase” since the Jaguar Land Rover attack.
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Richard Gurney will take on the newly created head of specialty role.
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The broker's M&A and PE head Paul Knowles has been named construction chair.
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Weather events and potential increases in US casualty reserves remain sources of volatility.
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The PVT market saw falling rates and several risk losses during 2025.
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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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The capacity partnership is led by International General Insurance Company.
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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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Insurance Insider looks at key drivers of supply-demand dynamics in global specialty markets.
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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.
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The pricing battle has been played out but the extent of new demand will only show up in 2026.
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Patel was recognised for services to charity and Riley for business leadership and inclusion
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Price has become a key differentiator in marine and energy.
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Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
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Insurance Insider reflects on the themes that shaped 2025 for the London market.
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Most Covid BI claims are due to lapse in March 2026.
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According to S&P, the carrier’s outlook is “stable”.
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The SPV will underwrite a “broad and highly diversified” portion of Amwins’ ~$6bn delegated authority premiums.
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The facility provides solvency support via a fresh equity injection under various scenarios.
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The deal follows a minority investment from the insurer in the summer.
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Clifford’s appointment follows Everest’s $2bn renewal rights sale to AIG.
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Solutions are being used to fill the gap left by traditional agg markets.
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The guidance will come into force on 1 September 2026.
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PE, more alignment and tech are uncoupling MGAs from traditional market swings.
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The group aims for earnings per share growth of more than 8%.
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The carrier said it will leverage its strong position in the ongoing favourable environment.
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Beazley, Hiscox and Lancashire executives spoke 12k words on average in 2025 earnings calls.
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Clive Strickland previously worked at Gallagher, where he had been a partner since 2020.
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Expectations that reductions would cap out at low double digits are fading due to capacity oversupply.
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The syndicate will be managed by Polo Managing Agency.
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The marine insurer said a volatile claims environment necessitated rate adjustments.
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BNP Paribas will take a EUR1.11bn stake in Ageas.
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The mechanism would work similarly to Flood Re.
