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LA wildfires threaten insurers’ budgets as losses mount to historic highs
Insurance
LA wildfires threaten insurers’ budgets as losses mount to historic highs
Insured losses could hit up to $20bn, early estimates reveal.   10 January 2025
LMA lauds Neal’s leadership in tackling longstanding Lloyd’s issues
Insurance
LMA lauds Neal’s leadership in tackling longstanding Lloyd’s issues
John Neal has decided to exit Lloyd’s following six years as CEO.   9 January 2025
QBE issues new $250m cat bond, eyes growth in NA property cat space
Insurance
QBE issues new $250m cat bond, eyes growth in NA property cat space
It offers collateralised reinsurance protection, and diversifies access to capital.   9 January 2025
Insurance
Mosaic bolsters environmental liability capability
The executives will drive innovation in the segment.   10 January 2025
Insurance
AIG promotes head of alternative channels to group CUO
The veteran insurer previously worked at Marsh and GE Capital.   10 January 2025
Reinsurance
Africa Specialty launches $21m Lloyd’s consortium for Africa-centric risks
The consortium is expected to aid syndicates entering Africa and developing markets.   9 January 2025
Insurance
Pen Underwriting taps marine claims expert from RiverStone
The appointee boasts 40+ years of experience including previous roles at Aon and Chubb.   10 January 2025
Reinsurance
Aspen taps AIG for US environment head
The veteran executive will bolster the segment for the company.   9 January 2025
Reinsurance
Helix launches US subsidiary
The MGA said the US platform will offer excess property insurance.   8 January 2025
Insurance
No change in underwriting focus at Lloyd’s post Neal’s exit: S&P Global
Ratings agency downplays any effect of departure of Lloyd’s CEO.   10 January 2025

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