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Everest CEO Andrade leaves to head USAA
Reinsurance
Everest CEO Andrade leaves to head USAA
The re/insurer will be led by acting CEO Jim Williamson.   9 January 2025
US commercial insurance rates slow in 2024; property eases, liability increases
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
BF&M, Argus merger creates Bermuda’s largest domestic insurer
Reinsurance
BF&M, Argus merger creates Bermuda’s largest domestic insurer
The merger of BF&M and Argus Group has been completed.   7 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
iprism lands new multi-year capacity deal with Zurich
The deal is projected to yield up to $37.5m in gross written premium.   7 January 2025
Insurance
Ardonagh Group subsidiary takes major stake in New Zealand firm
The acquired underwriting agency places over $280m in GWP.   6 January 2025
Reinsurance
Brown & Brown’s Nexus snaps up Dubai specialty MGA
The deal marks Nexus’ first MGA acquisition since it was acquired by Brown & Brown.   6 January 2025
Insurance
Generali completes deal to offload Turkish arm to four buyers
The deal to sell 99.9% of its Turkish business was initially announced in September.   20 December 2024
Insurance
Amwins supercharges binding authority with US MGA acquisition
The acquisition is expected to boost its offerings for small to mid-market accounts.   3 January 2025
Reinsurance
Palomar expands into surety insurance market
It sees the surety market as a ‘highly profitable’ sector with strong growth potential.   3 January 2025

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