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PIB buys MGA with ‘strong foothold’ in Australia and US
Insurance
PIB buys MGA with ‘strong foothold’ in Australia and US
PIB CEO hails ‘milestone’ deal to expand its MGA business into international markets.   10 March 2025
Rush to E&S may have sacrificed diversification, Cincinnati warns
Reinsurance
Rush to E&S may have sacrificed diversification, Cincinnati warns
The E&S boom has handed power to MGAs and wholesalers, narrowed market focus.   10 March 2025
Lloyd’s expects $2.3bn hit from California wildfires
Insurance
Lloyd’s expects $2.3bn hit from California wildfires
Preliminary 2024 profits down, combined ratio rises 3%.   10 March 2025
Reinsurance
Pool Re to explore terrorism cover as standard for SMEs
State-backed reinsurer sees protection gap leaving wider UK economy exposed.   10 March 2025
Insurance
Storm Éowyn wreaks €619m insured losses: Perils
Republic of Ireland’s biggest windstorm loss for at least 45 years.   10 March 2025
Alternative Risk Transfer
Cat bond funds edge up in February but rally slows since LA wildfire
Four-week gain through end-February down to 0.3% versus regular 1% gains through Q4.   10 March 2025
Insurance
Liberty Mutual slapped in Louisiana for ‘overcharging’ clients
The group passed residual carrier assessments to clients well past Katrina-Rita impact.   10 March 2025
Insurance
Gallagher pushes close of $13.5bn mega deal for AssuredPartners
US antitrust regulators need more information before deal can close.   10 March 2025
Insurance
Fairfax appoints new finance chief to power growth
The conglomerate has also appointed a chief business officer and CFO India.   10 March 2025
Insurance
Markel rejigs regional excess casualty leadership amid strategy refresh
The move comes as Markel reshapes its appetite and organisational structure.   10 March 2025

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