News

Insurance

Markel swoops for casualty manager in Australia from Chubb

New hire joins company after 12 years at Chubb, brings experience from Marsh.   16 January 2025

Insurance

Lloyd’s names AIG veteran as independent council member

New council member will also chair the risk committee.   13 January 2025

Insurance

Polo launches new reinsurer to target ‘superior returns’ from Lloyd’s

Clockwork Re is a newly established Category 4 commercial general reinsurer in Guernsey.   14 January 2025

Insurance

Protecdiv takes on full-time CFO

Hires industry veteran to help grow business in Philadelphia, nationwide.   17 January 2025

Insurance

DARAG snaps up run-off portfolio from former insurtech unicorn

The insurtech is selling its Liechtenstein-domiciled carrier as part of its restructuring.   14 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

Swiss Re picks ex-Tryg CEO and former Zurich CFO as directors

The industry veterans will be proposed as new board directors at its next AGM.   15 January 2025

Insurance

California issues moratorium after Los Angeles wildfire emergency

Insurers barred from cancelling or non-renewing residential insurance for wildfire risk.   13 January 2025

Insurance

Space coverage stabilises after losses; rate softening possible

Market now ‘fully tested’ with ‘most – but not all’ players back in trade: Gallagher.   14 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

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