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Africa Specialty launches $21m Lloyd’s consortium for Africa-centric risks
Reinsurance
Africa Specialty launches $21m Lloyd’s consortium for Africa-centric risks
The consortium is expected to aid syndicates entering Africa and developing markets.   9 January 2025
BMS swoops for UK broker in largest acquisition yet
Insurance
BMS swoops for UK broker in largest acquisition yet
The deal is expected to lift the business to managing over £8bn in GWP.   23 December 2024
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
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
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
LA wildfires threaten insurers’ budgets as losses mount to historic highs
Insured losses could hit up to $20bn, early estimates reveal.   10 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
Insurance
Marsh taps ex-Aon senior executive as new global placement leader Asia
The appointee held key roles at Aon and Allianz Global Corporate & Specialty.   7 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
Insurance
US commercial insurance rates slow in 2024; property eases, liability increases
MarketScout warns intermediaries to prepare for an eventual market shift.   7 January 2025

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