News

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

Digitisation and culture among top Lloyd’s Market priorities in 2025

LMA to focus on increasing the profile of female underwriting leadership across the market.   10 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

Reinsurance

Easing retrocession market conditions bolsters reinsurance capacity at 1/1: Aon

Reinsurers show greater flexibility at 1/1 with stable pricing and eased terms.   2 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

Reinsurance

Cat bond issuance hits record $17.7bn

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

Insurance

Sixth Street agrees strategic partnership with Northwestern Mutual Life

The agreement extends the investment manager’s involvement in insurance.   9 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

Reinsurance

1/1 renewals see US stability, UK rate softening, better targets in EMEA & Asia

April renewals in Japan to test reinsurers’ ability to balance growth with attractive ratings.   3 January 2025

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