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SCS insured losses accounted for 48% of all global losses last year.
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It is understood that Salcedo will join Aon as P&C treaty head for Colombia and Ecuador.
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The reinsurance broker will be known as Marsh Re starting in 2027 as part of a broader company shift.
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Guy Carp has been rebuilding its marine and energy team after a major Willis Re team lift.
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Plus, the latest people moves and all the top news of the week.
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The ICA has escalated its ‘significant event’ declaration to ‘insurance catastrophe’.
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Southern is said to have diverted 36 clients with $4mn in annual revenues from Marsh.
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The trade body called for a new Financial Services Bill early in 2026.
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The former Aon executive joins the reinsurance intermediary in London.
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The executive worked at Price Forbes in various positions, including aviation director and LatAm CEO.
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The broker has analysed the differences in wildfire risk between Northern and Southern California.
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CRC and Alliant are among those investigating the potential for new vehicles.
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The multi-line program seeks to support investors, developers and operators involved in the AI boom.
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Ryan has consolidated its financial lines underwriting operations under a united brand.
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Barry Gale has spent almost five years at the broker.
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The specialist intermediary will serve nature developers and investors.
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Georgina Meyer joins the broker as executive director of UK property.
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The appointments will grow Augment’s programmes operation.
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Nick Durant helped launched Lockton Re North America in 2019.
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What is the strategic thinking behind The Fidelis Partnership’s unique business model?
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The unit will be led by Ed Hochberg, global risk solutions leader at Guy Carpenter.
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Further rate increases are anticipated through 2026.
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Almost 90% of respondents felt they could be themselves at work.
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The executive spent a year as Ki Syndicate 1618 active underwriter.
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EQT, PAI and Stone Point were involved in early bidding for the asset.
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Smart-follow capacity has ballooned but that doesn’t mean key facilities will keep growing.
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Richard Gurney will take on the newly created head of specialty role.
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The recruit is expected to take on a role at the WTW/Bain Capital start-up after sitting out a year of gardening leave.
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The broker's M&A and PE head Paul Knowles has been named construction chair.
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Zaffino will become executive chair of AIG and retire as CEO by mid-year.
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Gallagher’s $13.45bn deal for AssuredPartners was completed in August.
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Carrier M&A will continue to be a feature, as pressure for returns on AI investment ramps up.
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The move comes after a 200+ person mass team lift from Brown & Brown’s retail business in the US.
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Reinsurers’ average RoE was 16% as of September 2025.
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The US CEO said the acquisition will be “truly transformative” for its TL clients.
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Atlantic’s founders are to become Howden shareholders.
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The underwriting unit has also rebranded D&O specialist Leopanthera.
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Insurance Insider looks at key drivers of supply-demand dynamics in global specialty markets.
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Thomas Joyce is also joining the London wholesaler, launched last year.
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The president and CEO will also be eligible for up to $50mn in shares.
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Tom Wakefield says there is scope for opportunistic reinsurance purchases in 2026.
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The renewal was characterised by abundant capacity and strong competition.
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The market was unphased by January’s record wildfire loss in Los Angeles.
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Non-loss impacted major property program rates were down by up to 20% at the renewal period.
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Defendants can service clients who signed BOR letters as of December 29.
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The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals.
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Jim Hays outlined $90mn in stock losses as Howden called Brown & Brown’s narrative “false and inflammatory”.
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Former Aon employees are barred from using Aon’s confidential information.
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Price has become a key differentiator in marine and energy.
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Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
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Insurance Insider reflects on the themes that shaped 2025 for the London market.
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Market participants on programs/MGU business in particular feel there's more capacity than 12 months ago.
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The facility has expanded to cover construction and renewable energy risks.
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Sources said hundreds of Brown & Brown staff across various offices have left to join Howden US.
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Lyndsey Bauer joined Paragon in 2007 and has previously held senior positions at Marsh.
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The SPV will underwrite a “broad and highly diversified” portion of Amwins’ ~$6bn delegated authority premiums.
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The parties now have 60 days to file a stipulation to dismiss the action.
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The finance committee discussed shifting market dynamics as tort reform takes effect.
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Several of Henrietta Butcher’s former Tysers colleagues have also moved to Lockton Re.
