News

Insurance

No change in underwriting focus at Lloyd’s post Neal’s exit: S&P Global

Ratings agency downplays any effect of departure of Lloyd’s CEO.   10 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

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

Sixth Street agrees strategic partnership with Northwestern Mutual Life

The agreement extends the investment manager’s involvement in insurance.   9 January 2025

Reinsurance

American Overseas’ quarterly profit drops on tax bill

The Bermuda-based company’s nine-month profit was up 25%.   6 January 2025

Insurance

Digitisation and culture among top Lloyd’s Market priorities in 2025

LMA to focus on increasing the profile of female underwriting leadership across the market.   10 January 2025

Reinsurance

Notable softening at 1/1 sets stage for policy shifts, emerging cycles in 2025: Howden

While pricing drops from historic highs, hard market changes are expected to persist in 2025.   3 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

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

Reinsurance

Excess capacity drives loss-free property cat rate cuts at 1/1 renewals: Guy Carpenter

Property cat renewals were ‘oversubscribed’, reinsurer appetite outpaced demand.   2 January 2025

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