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Cat bond funds advanced throughout December, up 13.6% in FY2024
Alternative Risk Transfer
Cat bond funds advanced throughout December, up 13.6% in FY2024
The cat bond total return performance index rose for all but five weeks of 2024.   6 January 2025
Ex-Chubb veteran takes top role at AXIS global markets
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
Brown & Brown’s Nexus snaps up Dubai specialty MGA
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
Fairfax Insurance Group unveils leadership change
Appointments include a new chairman and CEO of Odyssey Group.   6 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
California rounds out reforms, adds reinsurance costs to rates
The cat modelling and reinsurance inclusions incentivize growth in wildfire zones.   6 January 2025
Reinsurance
Global property cat renews 1/1 at 6.6% RoL slide: Guy Carpenter
APAC leads the pricing retreat; US and Europe slide more moderately from prior year peak.   6 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
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
Allianz Australia sells subsidiary to simplify core operations
The subsidiary is being acquired by a private equity firm in Australia.   6 January 2025

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