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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
Aspen taps AIG for US environment head
Reinsurance
Aspen taps AIG for US environment head
The veteran executive will bolster the segment for the company.   9 January 2025
Incline P&C shuffles C-suite to bolster operations
Insurance
Incline P&C shuffles C-suite to bolster operations
Appointments to support innovation and growth in insurance programme market.   7 January 2025
Insurance
Insurtech Parsyl raises $20m funding to accelerate growth strategy
Investors include the venture capital arm of Hudson Structured Capital Management.   8 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
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
Insurance
Markel taps new marine director for key role
Appointee joined the company in 2024 after 13 years at QBE.   8 January 2025
Reinsurance
SCOR lands 26-year Hannover Re vet as global head of cedent fac underwriting
The appointee departs from Hannover Re after serving since 1998.   7 January 2025
Reinsurance
Lloyd’s CEO Neal to leave for Aon at ‘critical time’ in re/insurance
Aon has hired the industry veteran to lead its global reinsurance and climate solutions.   8 January 2025
Insurance
Personal lines rate rises by 5.79% in 2024, moderates in Q4: MarketScout
The 2024 full-year rate increase is the highest in 12 years.   7 January 2025

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