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SCS insured losses accounted for 48% of all global losses last year.
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The proportion of freehold capacity for 2026 is up by 35% to £218mn.
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A roundup of all the news you need, including AM Best’s revised outlook for reinsurers.
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The agency cited falling property rates and US casualty challenges.
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Zurich’s interest in a specialty carrier that moves the dial on cyber is no surprise.
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The CEO said Beazley would retain its brand and management and gain $9bn of premium.
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Renfe has mandatory accident insurance with Everest and liability cover with QBE.
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The bank observed that multiples in the last M&A cycle ranged from 1.6x to 2.5x.
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The company said prior bids from Zurich “significantly undervalued” the business.
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The deal would create a $15bn specialty insurer and mark Zurich's entry into Lloyd’s
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A roundup of all the news you need, including Zurich’s bid for Beazley.
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The insurer will be a cornerstone investor in the manager’s new PE platform.
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Following on from Part I, we look at the hazards to navigate in building internationally from Lloyd’s.
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It is understood that Salcedo will join Aon as P&C treaty head for Colombia and Ecuador.
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The reinsurance broker will be known as Marsh Re starting in 2027 as part of a broader company shift.
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Increased vegetation could spell trouble in the future.
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The executive’s departure comes amid a wave of cyber reshuffling in the industry.
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Guy Carp has been rebuilding its marine and energy team after a major Willis Re team lift.
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The MGA is looking to drive its commercial strategy across the globe.
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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 roundup of all the news you need, including our scoop on Anthony Cowie’s next role.
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Chaucer and Beazley are among the syndicates looking to take on new geographies.
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The ICA has escalated its ‘significant event’ declaration to ‘insurance catastrophe’.
