News

Insurance

AmTrust subsidiary brings Florida attorney to aid market expansion

Appointee to lead underwriting initiatives and resolve complex title issues.   8 January 2025

Reinsurance

McGill, Lloyd’s insurtech roll out $50m Ukraine war risk facility

Reinsurance capacity will be provided from London market and Lloyd’s syndicates.   9 January 2025

Reinsurance

Fidelis issues $375m of cat bonds through Herbie Re

The cat bonds will cover US named storm and earthquake losses.   2 January 2025

Insurance

Gallagher boosts retail focus with dual acquisitions

The deals follow three others made after its $13.6bn AssuredPartners deal.   2 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

Insurance

Allianz Australia sells subsidiary to simplify core operations

The subsidiary is being acquired by a private equity firm in Australia.   6 January 2025

Insurance

US state insurance commissioners urge Musk to scrap Federal Insurance Office

The coalition says the FIO has ‘consistently failed to demonstrate its necessity’.   23 December 2024

Reinsurance

Cat bond issuance hits record $17.7bn

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

Insurance

Acquisition sharpens Aon’s UK and Ireland expansion strategy

Aon has finalised its acquisition of a UK-based insurance broker with ‘complementary’ capabilities.   2 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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