News

Reinsurance

Lockton Re draws Gallagher Re leader to build specialty ‘bench strength’

Senior hire brings experience from Aspen Re, Allianz Re, Chord Re and Wills Re.   10 March 2025

Reinsurance

Dramatic spike in marine claims, P&I clubs head for losses

Claims in 2024 proved ‘almost in line with heavy years of 2020 and 2021’.   12 March 2025

Reinsurance

Rush to E&S may have sacrificed diversification, Cincinnati warns

The E&S boom has handed power to MGAs and wholesalers, narrowed market focus.   10 March 2025

Insurance

Marsh picks 37-year veteran to head Marsh Specialty

The executive has led its energy practice in several regions over the years.   11 March 2025

Insurance

California regulators push ahead with market reform, despite wildfire impact

Officials tell senators reforming market will rekindle homeowner coverage.   13 March 2025

Insurance

Specialty MGA UK launches new business line with Barclays and Brit pedigree

The company aims to dominate the political risk market.   5 March 2025

Insurance

Liberty Mutual in shape to go faster in commercial, asserts CEO

Softening rates may match up poorly to stickiness in loss cost trend.   7 March 2025

Insurance

North Sea collision leaves insurers exposed to millions in losses

Marine insurers Skuld and Steamship Mutual face huge P&I losses after ships collide off English coast.   11 March 2025

Insurance

Arch hires two from QBE, Howden to bolster Iberia casualty

Duo with Chubb and Aon pedigree to develop Arch’s portfolio in Spain and Portugal.   12 March 2025

Insurance

Insurers pay out more than $12bn on LA wildfire claims so far

As of March 5, California insurers have addressed 74% of claims filed.   12 March 2025

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