News
Tariffs and trade fragmentation dampen growth but re/insurance resilient - Swiss Re SIGMA study
Swiss Re forecasts global GDP growth will slip to 2.3% in 2025 from 2.8% in 2024, with non-life insurance premium growth slowing to 2.6%, down from 4.7% last year.
Arch promotes Bourrut Lacouture to lead Syndicate 1955 at Lloyd’s
Ondine Bourrut Lacouture steps into the role after playing a key part in the syndicate’s development, as Arch has tripled its stamp capacity since acquisition.
OAK unveils underwriting leadership team
OAK Reinsurance has announced a series of senior appointments across its underwriting, capital, and operations teams as the firm builds on a successful launch and positions for future growth.
Willis and Markel launch $200m cargo facility to address rising geopolitical risk
The new facility, branded Undercover, combines multiple risk exposures into a single facility, allowing cargo owners to tailor cover for geopolitical perils such as war on land, terrorism, political violence, and confiscation.
Liberty names Fraigneau as president for Europe to lead 2030 strategy
Pierre-Edouard Fraigneau is currently chief underwriting officer for LSM Europe and Liberty Mutual Insurance Europe.
Europe and Asia outpace US in M&A surge despite global volatility, says WTW
European and Asia Pacific buyers defy geopolitical and economic uncertainty to post strong M&A returns, as North American dealmaking continues to slide, according to broker study.
MS Amlin appoints Harris to lead Natural Resources portfolio
Nicola Harris most recently served as head of energy for AXA XL’s UK and Lloyd’s business,
Gallagher Re appoints Muñoz to lead global fac
Pablo Muñoz joins from rival Aon, and will be based in both London and Miami, tasked with growing the reinsurance broker’s facultative reinsurance business.
Howden Re launches Hong Kong reinsurance platform with Wong appointment
Roy Wong brings 25 years of industry experience and was most recently head of Hong Kong reinsurance at rival reinsurance broker Aon.
AI model predicts Lloyd’s syndicate performance in new HRP-ICMR white paper
A paper, and an AI model for predicting Lloyd’s carriers’ performance, applied concepts inspired by sports analytics, with underwriting returns heavily influenced by cyclical swings.
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