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Alera lifts ex-Aon/McGriff executive to COO
Insurance
Alera lifts ex-Aon/McGriff executive to COO
He was COO of McGriff before joining Alera in 2024 as EVP of national operations.   7 January 2025
Moody’s RMS pegs LA wildfires insured losses at up to $30bn
Insurance
Moody’s RMS pegs LA wildfires insured losses at up to $30bn
Moody’s RMS Event Response insured-loss estimate is lower than others   20 January 2025
ARAG now has its own insurance company
Insurance
ARAG now has its own insurance company
The group has completed integration of DAS UK a year after acquisition.   2 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
LA wildfires may cost European reinsurers 30% of cat budgets: Fitch
Budget cost could near 40% if insured losses hit $45bn.   23 January 2025
Insurance
Price Forbes expands Asia specialty lineup with senior Aon hire
The executive will advise clients across power, downstream and renewables.   21 January 2025
Reinsurance
Ascot plucks Everest VP for key US partnership engagement role
Appointee will team up with the US group to boost specialty insurance solutions.   6 January 2025
Insurance
Ex-Chubb veteran takes top role at AXIS global markets
The executive to succeed Mark Gregory as head of global markets.   6 January 2025
Insurance
California FAIR Plan said to face wildfires with just $377m in pocket
FAIR Plan CEO suggested in 2024 they couldn't hit their reinsurance attachment points.   15 January 2025
Insurance
US commercial property rates will slip Q1 in selective growth drive
Brown & Brown expects ‘moderate to noticeable competition’ for the market’s best risks.   14 January 2025

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