January 22, 2025
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The year featured the fewest multi-billion-dollar insured loss events since 2019. -
The temporary deal would remain in effect through a trial on the merits.
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The parties will likely consider settlement talk formats after discovery.
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SCS insured losses accounted for 48% of all global losses last year.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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It is understood that Salcedo will join Aon as P&C treaty head for Colombia and Ecuador.
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The reinsurance broker will be known as Marsh Re starting in 2027 as part of a broader company shift.
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Private capital-backed buyers accounted for 605 of 854 deals last year.
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Guy Carp has been rebuilding its marine and energy team after a major Willis Re team lift.
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Reserves will join rate softening, margin pressure, as key topics in Q4 discussions.
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Southern is said to have diverted 36 clients with $4mn in annual revenues from Marsh.
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While buyers enjoy favorable market conditions, increased costs from tariffs could spell trouble in 2026.
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The executive worked at Price Forbes in various positions, including aviation director and LatAm CEO.
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The broker has analyzed the differences in wildfire risk between Northern and Southern California.
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FM announced a new super-sized $5bn data center line as it grows book value $3bn-$4bn a year.
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The multi-line program seeks to support investors, developers and operators involved in the AI boom.
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Mike Parrish and Howden US argue Marsh’s non-competes aren’t valid.
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The appointments will grow Augment’s programmes operation.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The lawsuit is the latest in a string of cases against Howden by rival brokers.
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Markel said Paul Melone will oversee Botticelli's responsibilities in the interim.
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Nick Durant helped launched Lockton Re North America in 2019.
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He will join the company on January 15 as SVP, global market and product relations.
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The unit will be led by Ed Hochberg, global risk solutions leader at Guy Carpenter.
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