Articles

Reinsurance

Ascot taps Everest for corporate services chief

The executive will oversee Ascot’s facilities in Bermuda, the US and the UK.   8 January 2025

Insurance

Ryan Specialty to acquire cat MGA Velocity Risk for $525m, excluding E&S carrier

Commercial property insurer FM to acquire E&S carrier Velocity Specialty Insurance.   8 January 2025

Alternative Risk Transfer

Augment Risk hires ex-Marsh talent to expand parametric offering

The company aims to ‘transform the way we think about parametric reinsurance’.   7 January 2025

Reinsurance

BF&M, Argus merger creates Bermuda’s largest domestic insurer

The merger of BF&M and Argus Group has been completed.   7 January 2025

Insurance

Aon joins forces with Moody’s to streamline credit risk management

The global referral agreement will initially roll out in Europe, with plans for expansion.   8 January 2025

Insurance

IQUW looks to grow in energy market with slew of senior hires

The hires boast experience from Canopius, Liberty Specialty Markets and Sasol.   9 January 2025

Reinsurance

Cat bond issuance hits record $17.7bn

The overall market is almost $50bn as investment returns remain strong.   7 January 2025

Insurance

Hiscox hires C-suite exec from AXA who is no stranger to the firm

The executive rejoins Hiscox after five years as AXA UK & Ireland’s chief operating officer.   9 January 2025

Reinsurance

Brown & Brown’s Nexus snaps up Dubai specialty MGA

The deal marks Nexus’ first MGA acquisition since it was acquired by Brown & Brown.   6 January 2025

Insurance

US commercial insurance rates slow in 2024; property eases, liability increases

MarketScout warns intermediaries to prepare for an eventual market shift.   7 January 2025

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