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Abbie Day

Reporter
Contact

Abbie Day is a reporter for Insurance Insider. She covers cyber, trade credit, political risk, construction, product recall and InsurTech.

Published by this author:

  • M&A
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    Acrisure to acquire MGA Vave from Canopius
    Canopius will continue to be one of several capacity providers to the MGA.
    Abbie Day, December 10, 2025
  • M&A
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    WTW to acquire InsurTech broker Newfront for consideration of $1.3bn
    Newfront’s business units will be combined with Risk & Broking and Health, Wealth & Career.
    Abbie Day, December 10, 2025
  • M&A
    Business people contract. agreement was signed co-investment business
    Skyward secures regulatory, shareholder approval for Apollo deal
    The transaction is expected to close early in the first quarter of 2026.
    Abbie Day, December 04, 2025
  • Catastrophe losses
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    Benign hurricane season should serve as ‘cautionary tale’: MS Amlin
    An “extraordinary” proportion of storms reached Category 5 status this year.
    Abbie Day, December 02, 2025
  • MGAs/MGUs
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    Pine Walk launches ART MGA Carnovis Specialty Limited
    The London-based MGA will begin underwriting its international book next month.
    Abbie Day, November 25, 2025
  • Talent
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    Gallagher Re chairman Jago to retire at year-end 2026
    Paddy Jago was also chairman at Willis Re and North America CEO for P&C at Aon.
    Abbie Day, November 21, 2025
  • Brokers
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    Aon launches Aon Claims Copilot with carrier performance dashboards
    The platform will debut in Germany before an accelerated global rollout in 2026-27.
    Abbie Day, November 11, 2025
  • Talent
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    Carbon appoints Bright as underwriting director
    Adeptive co-founder and CUO Jeff Bright will lead the MGU’s US strategy.
    Abbie Day, November 05, 2025
  • Talent
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    Conduit Re appoints Postlewhite CUO
    Interim CUO Nick Pritchard turned in his notice in August of this year.
    Abbie Day, November 04, 2025
  • Earnings
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    Aon to mobilize capital on ‘monumental’ data center opportunity
    CEO Greg Case said data center demand could generate over $10bn in new premium volume in 2026.
    Abbie Day, October 31, 2025
  • Earnings
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    Aon reports 7% organic growth for Q3
    The broker grew earnings per share by 12.1% during the quarter.
    Abbie Day, October 31, 2025
  • M&A
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    Convex valued at $7bn in Onex balance sheet deal, with AIG investment
    Onex’s own balance sheet will become a 63% owner and AIG takes a 35% stake.
    Adam McNestrie, October 30, 2025
  • M&A
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    Starr confirms acquisition of IQUW Group
    This publication revealed that Starr was zeroing in on the deal earlier today.
    Abbie Day, October 29, 2025
  • Earnings
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    S&P upgrades IGI’s financial strength rating to A
    The upgrade reflects consistent outperformance of “higher-rated peers”, S&P said.
    Abbie Day, October 29, 2025
  • Catastrophe losses
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    Category 3 Hurricane Melissa makes landfall in Cuba
    Hurricane warnings are in place for Guantanamo, Holguin and Las Tunas.
    Abbie Day, October 29, 2025
  • M&A
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    Ryan to acquire Canadian MGU Stewart Specialty Risk Underwriting
    BP Marsh has agreed the sale of its 28.2% shareholding as part of the deal.
    Abbie Day, October 28, 2025
  • Talent
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    Everest promotes Keen to global wholesale and specialty CEO
    Jason Keen joined Everest in 2022 as head of international.
    Abbie Day, October 28, 2025
  • Talent
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    IGI confirms Barnes appointment as head of specialty treaty
    This publication revealed the move earlier this year.
    Abbie Day, October 27, 2025
  • Cyber
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    AWS outage: Behind global headlines, cyber implications limited
    A canvassing of the cyber market suggests the impact will be negligible.
    Abbie Day, October 24, 2025
  • Cyber
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    MGA Onda launches operations in US
    Christopher Reynolds and AJ Jones have been hired as business development directors.
    Abbie Day, October 20, 2025
  • Talent
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    Miller appoints Robinson CEO for MGA platform
    Neil Ross was also appointed CUO for the broker’s MGA.
    Abbie Day, October 14, 2025
  • Talent
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    Mulray appointed CUO at Hamilton Select
    Mike Mulray joins from Everest, where he was EVP president of North America insurance.
    Abbie Day, October 14, 2025
  • Claims and losses
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    First Brands collapse may trigger up to $600mn insured TCI losses: Morningstar
    Trade credit insurers are expected to respond with tighter buyer limits and stricter wordings.
    Abbie Day, October 14, 2025
  • Specialty lines
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    S&P upgrades SiriusPoint’s outlook to ‘positive’ from ‘stable’
    The ratings agency cited a reduction in exposure to nat cat risk as a reason for the change.
    Abbie Day, October 02, 2025
  • Bermuda
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    S&P Global issues Vantage Risk A- financial strength rating
    Vantage Group Holdings received a BBB- long-term issuer credit rating.
    Abbie Day, September 16, 2025
  • Reinsurance
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    Industry heavyweights launch collaborative platform The Spark
    The platform aims to “bend the loss curve”.
    Abbie Day, September 10, 2025
  • Legacy
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    Global non-life insurance run-off reserves rise to $1.1tn: PwC
    A survey from PwC described the sector as “stable”, “evolving” and “dynamic”.
    Abbie Day, September 07, 2025
  • Cyber
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    Cyber analytics firm CyberCube in sale talks with Verisk
    It is understood that CyberCube has been considering a sale of the business.
    Jairo Ibarra, September 05, 2025
  • Specialty lines
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    Ryan Specialty launches Flexpoint- and Sixth Street-backed sidecar, RAC Re
    Ryan Alternative Capital Re was launched in partnership with Axis Capital.
    Abbie Day, September 05, 2025
  • Talent
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    HDI Global appoints Tikhonov head of marine global risk
    He succeeds Felix Cassau, who is joining Hannover Re.
    Abbie Day, August 26, 2025
  • M&A
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    Sompo came close on Axa XL Re deal before Aspen talks
    This publication revealed yesterday that Sompo is currently in negotiations with Aspen.
    Adam McNestrie, August 20, 2025
  • M&A
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    Markel completes $1.2bn-premium global reinsurance sale to Nationwide
    The deal was announced last month.
    Abbie Day, August 19, 2025
  • M&A
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    AJ Gallagher completes AssuredPartners acquisition
    The broker approved a grant of $316mn in equity awards payable in staggered amounts over the coming five years.
    Abbie Day, August 18, 2025
  • Talent
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    Hallworth to succeed Wade as AIG’s chief digital officer
    Claude Wade is to step down from his role to address ongoing health issues.
    Abbie Day, August 18, 2025
  • Catastrophe losses
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    CatIQ revises down insured-loss estimate for Ontario and Quebec floods
    The estimate covers property and vehicle claims.
    Abbie Day, August 12, 2025
  • Reinsurance
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    AIG becomes minority equity investor in Salford City FC
    The carrier is the first Fortune 500 company to take a stake in a League Two club.
    Abbie Day, August 12, 2025
  • InsurTech
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    Global InsurTech funding declined 16.7% to $1.09bn in Q2: Gallagher
    More investment in early stage firms is an indicator of bullish market, says Gallagher’s Johnston.
    Abbie Day, August 07, 2025
  • Talent
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    Aspen appoints Cushway to head of international and UK casualty
    The newly created role consolidates leadership across UK entities.
    Abbie Day, August 04, 2025
  • MGAs/MGUs
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    Beckert to leave Fidelis Partnership in 2026
    Nadia Beckert was promoted to Bermuda CUO in March.
    Abbie Day, August 01, 2025
  • Talent
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    Guy Carp appoints Flynn as Global Specialties head of global clients
    Matthew Flynn joins from RenaissanceRe.
    Abbie Day, July 29, 2025
  • Catastrophe losses
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    Nat cats generate more than $130bn in losses over H1: Munich Re
    Insured losses produced the second highest first-half tally since records began in 1980.
    Abbie Day, July 29, 2025
  • Earnings
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    Aon ‘doubling down’ on energy and construction markets: Reese
    The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
    Abbie Day, July 25, 2025
  • Talent
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    Lockton Re appoints Franson NA chairman
    Jim Franson joins from Validus Re, where he was US president.
    Abbie Day, July 24, 2025
  • Specialty lines
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    Accelerant raises $724mn in upsized IPO
    The IPO was priced at $21 per share, up from the previous target range of $18-$20.
    Abbie Day, July 24, 2025
  • Talent
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    Co-founder Graham appointed head of Alcor Group
    Alcor has also opened an Atlanta office, broadening operations in the US market.
    Abbie Day, July 21, 2025
  • Talent
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    Upland Specialty to establish London MGA
    The MGA is expected to launch a product-recall portfolio in September.
    Abbie Day, July 10, 2025
  • Property
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    Global property-cat RoL index down 8.1% at 1 July: Guy Carp
    In the US, the index fell 6.7% year on year.
    Abbie Day, July 10, 2025
  • Talent
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    Argo appoints Pelaez COO
    Arturo Pelaez will continue in his managing director role at Brookfield Asset Management.
    Abbie Day, July 08, 2025
  • Brokers
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    Reinsurers report strong balance sheets in H1: Guy Carpenter
    The LA wildfires accounted for 59% of loss activity over Q1.
    Abbie Day, July 01, 2025
  • Talent
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    SiriusPoint takes Catalina Re’s Pryde as group CRO
    Andrew Pryde succeeds Andreas Kull, who will stay on until September.
    Abbie Day, June 27, 2025
  • Brokers
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    Aon launches AI platform Broker Copilot
    The platform will capture and standardise data from all submissions, the broker said.
    Abbie Day, June 23, 2025
  • Talent
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    Ascot appoints Brewer, Flanagan and Sewell to board
    The appointments are pending regulatory approval.
    Abbie Day, June 19, 2025
  • Cyber
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    Cyber rates fall for 10th quarter straight: Aon
    Coverage has broadened while limits have increased, the broker said.
    Abbie Day, June 17, 2025
  • Talent
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    Accession CEO Mina to join Brown & Brown retail senior leadership team
    The appointment follows B&B’s acquisition of Accession.
    Abbie Day, June 10, 2025
  • Talent
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    RenRe appoints Riley as global casualty head
    The reinsurer has also appointed Mehdi Benleulmi as global head of credit.
    Abbie Day, June 09, 2025
  • Talent
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    Euclid launches product recall book
    The line is being launched by Joe Cala and Scott Harper, sources said.
    Abbie Day, June 04, 2025
  • Talent
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    MS Reinsurance’s Bermuda head of financial risks, specialty lines exits
    The reinsurer confirmed Andrew Phelan’s exit, as of 15 May.
    Rachel Dalton, May 30, 2025
  • Talent
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    Rokstone launches international casualty division
    Sam Wylie has been appointed portfolio manager.
    Abbie Day, May 29, 2025
  • MGAs/MGUs
    Opening Ceremony
    Industry veterans Bonneau and Bredahl launch MGU investment vehicle Novel
    Bredahl has been appointed CEO and Bonneau as chairman.
    Abbie Day, May 28, 2025
  • Claims and losses
    US Currency: Wads of US bills fastened with rubber bands, close-up
    Dual and Nexus brace for losses on Ninja Foodi recall
    Starr and Axon also are among those on the Marsh USA-placed $40mn line.
    Abbie Day, May 28, 2025
  • Talent
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    Plumeri takes chairman role at Insurance Advisory Partners
    He will also invest in the company.
    Abbie Day, May 27, 2025
  • Talent
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    SiriusPoint appoints Enan chief strategy and corporate development officer
    Philip Enan joins following 11 years at Chubb.
    Abbie Day, May 27, 2025
  • Catastrophe losses
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    Gallagher Re pegs Midwest storm insured losses at $4bn-$7bn
    SCS can no longer be considered a "secondary" peril for the US insurance market, Steve Bowen said.
    Abbie Day, May 23, 2025
  • Catastrophe losses
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    Recent Midwest storms among costliest in US history: Aon
    Two large storms hit the Midwest and Ohio Valley regions on May 14-17 and May 18-20.
    Abbie Day, May 22, 2025
  • Talent
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    Aon extends Clavarino contract to 2029
    He was appointed executive chairman for international in 2021.
    Abbie Day, May 09, 2025
  • Talent
    Jason Alden Commercial Photographer London
    Council of Lloyd’s appoints Tiernan as Corporation’s new CEO
    The CEO-designate will commence his tenure on 1 June.
    Abbie Day, May 08, 2025
  • Personal Lines
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    American Integrity prices IPO at $16 per share
    The initial offering includes 6,875,000 shares of common stock.
    Abbie Day, May 08, 2025
  • Reinsurance
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    Aspen announces upsized IPO price of $30 per ordinary share
    The IPO was announced at the end of April, targeting ~$2.6bn-$2.9bn.
    Abbie Day, May 08, 2025
  • Cyber
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    Envelop appoints Morley as SVP underwriter in Bermuda
    The appointment follows the recent exits of CUO Chatterjee and SVP Dharma-Wardana.
    Abbie Day, May 06, 2025
  • Brokers
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    NFP tuck-in deals add $19mn Ebitda for Aon in Q1
    The broker's share price dipped 11% in morning trading after its Q1 earnings missed expectations.
    Abbie Day, April 25, 2025
  • Rates
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    Global commercial rates fall 3% over Q1: Marsh
    The only major product line to see rate increases was casualty.
    Abbie Day, April 24, 2025
  • Reinsurance
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    Arora and Zeller down tools on start-up Alpine Re
    In a post on LinkedIn, Steve Arora said investor appetite “just wasn’t there”.
    Abbie Day, April 24, 2025
  • Talent
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    Envelop Risk CUO Chatterjee exits MGA
    Alongside Chatterjee, SVP Dharma-Wardana has also exited the team.
    Abbie Day, April 17, 2025
  • Earnings
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    Tariffs will be ‘inflationary to cost of risk’: Doyle
    Guy Carpenter president Dean Klisura added that Q1 was a record cat bond issuance quarter.
    Abbie Day, April 17, 2025
  • Earnings
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    Marsh McLennan shares dip after Q1 organic growth slows to 4%
    The growth figure represents a 5-point deceleration on the 9% reported in Q4 2024.
    Abbie Day, April 17, 2025
  • Cyber
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    Beazley and Munich Re among cyber carriers on hook for AT&T data breach
    It is understood that Marsh brokered the tower, which is exposed to claims from a 2024 breach.
    Abbie Day, April 11, 2025
  • Commercial Lines
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    Starr, Everest, Scor close US casualty desks in London
    London-based US excess casualty writers are increasingly looking to attach lower in the tower.
    Kyoung-son Song, April 09, 2025
  • Claims and losses
    civil unrest
    Civil unrest is the PV exposure most companies worry about: Allianz Commercial
    A survey from the carrier looked at the political risk and violence concerns of companies.
    Abbie Day, April 09, 2025
  • Reinsurance
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    Headline RoE of 18%-19% expected from reinsurers in 2025: Gallagher Re
    Despite wildfires, reinsurers are “well positioned to maintain strong profitability in 2025”.
    Abbie Day, April 08, 2025
  • Cyber
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    Cyber market should ‘invest for hard-market turn’: Wakefield
    The Gallagher Re executive called on the market to “prepare to grow sustainably together”.
    Abbie Day, April 03, 2025
  • Companies
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    US insurance stocks relatively stable amid tariff-related selloff
    Insurance share prices were resilient amid today’s market meltdown.
    Abbie Day, April 03, 2025
  • Talent
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    Chubb SVP, product recall practice leader Cala resigns
    Joe Cala will leave the carrier after nearly 13 years on the product recall team.
    Abbie Day, April 01, 2025
  • Brokers
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    Reinsurance traditional capital at 'all time high' at April 1: Gallagher Re
    Overall market capacity increased by 5.3% year-on-year, the broker reported.
    Abbie Day, April 01, 2025
  • Brokers
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    Marsh promotes Russell to head of global wholesale
    Adam Russell most recently held the role of head of strategy for global placement.
    Abbie Day, March 24, 2025
  • Brokers
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    Andersen expresses confidence in Aon leadership in internal memo
    Earlier today, Aon confirmed president Eric Andersen had stepped down from his role.
    Abbie Day, March 17, 2025
  • Specialty lines
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    Wilson appointed Markel Insurance CEO
    Markel Insurance is made up of the firm’s three primary underwriting businesses.
    Abbie Day, March 17, 2025
  • Claims and losses
    American Airlines
    American Airlines insurers face fire loss as claims pile-up continues
    Of the 178 passengers and crew on board, no serious injuries have been reported.
    Abbie Day, March 14, 2025
  • Commercial Lines
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    Fitch revises SiriusPoint outlook to positive
    The ratings agency noted “significant” underwriting improvement in 2023-24.
    Abbie Day, March 06, 2025
  • Commercial Lines
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    Swiss Re removes construction casualty book from CorSo portfolio
    This follows the firm’s exit from primary aviation.
    Adam McNestrie, March 05, 2025
  • Commercial Lines
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    Chubb appoints Furby executive chairman
    Ana Robic will succeed Furby as EMEA regional president.
    Abbie Day, February 26, 2025
  • Casualty/GL
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    Casualty reinsurance woes could put capacity at risk: AM Best
    In the absence of interim action, the segment could face an “availability crisis”.
    Abbie Day, February 26, 2025
  • Reinsurance
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    Munich Re creates new division to focus on global specialty
    The carrier will look to expand business outside North America.
    Abbie Day, February 26, 2025
  • Catastrophe losses
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    State Farm pegs LA wildfire direct losses at $7.6bn
    The carrier has paid $1.75bn on around 9,500 claims filed from the wildfires.
    Abbie Day, February 26, 2025
  • M&A
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    Cyber MGA Envelop considering sale of digital broking arm DataStream
    Other digital distribution platforms, including ProWriters and SportsInsurance, are also exploring a sale.
    Farhin Lilywala, February 24, 2025
  • Brokers
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    Brown & Brown confirms Hearn’s COO appointment
    This publication revealed the appointment earlier today.
    Abbie Day, February 24, 2025
  • Catastrophe losses
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    CatIQ pegs Ontario and Quebec flooding insured loss at C$2.8bn
    The estimate covers property and vehicle claims.
    Abbie Day, February 13, 2025
  • InsurTech
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    Global InsurTech funding halves to $688.2mn in Q4: Gallagher Re
    The broker attributed the drop to smaller average deal sizes over the quarter.
    Abbie Day, February 13, 2025
  • Talent
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    Hiscox US takes AIG’s Furth as head of claims
    Alexandra Furth has more than 20 years of claims and legal leadership experience.
    Abbie Day, February 12, 2025
  • Claims and losses
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    Global 1-in-200-year cyber industry loss could hit $46bn: Guy Carpenter
    This year's modelled outputs have increased across all return periods.
    Abbie Day, February 11, 2025
  • Claims and losses
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    CatIQ pegs Alberta hailstorm insured loss at C$3.25bn
    The storm is likely to be one of the costliest weather events in Canadian history.
    Abbie Day, February 10, 2025
  • Commercial Lines
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    Chubb appoints Houston to lead UK commercial division
    Andy Houston will be based in London, reporting to Mark Roberts, division president UKISA.
    Abbie Day, January 30, 2025
  • Catastrophe losses
    Lake Christine Fire in burning over 5000 acres in Colorado
    CatIQ pegs Jasper wildfire loss at more than C$1.2bn
    Compared with its initial figure, CatIQ’s latest estimate has increased by 40%.
    Abbie Day, January 27, 2025
  • Talent
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    Gallagher names WTW’s Bradley as head of US construction casualty
    Bradley was construction team leader for US casualty at WTW.
    Abbie Day, January 27, 2025
  • Catastrophe losses
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    Guy Carp pegs Eaton, Palisades insured loss at $30bn-$40bn
    Guy Carpenter said personal lines exposure would account for 85% of the aggregate loss.
    Abbie Day, January 24, 2025
  • Talent
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    Arch Insurance makes senior casualty promotions
    Robin Hamilton has been appointed head of energy and marine liability.
    Abbie Day, January 16, 2025
  • News
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    Atrium Syndicate 609 inks LPT agreement with Enstar Group’s Lloyd’s syndicate
    Syndicate 609 will cede net loss reserves of approximately $196mn.
    Abbie Day, January 14, 2025
  • Catastrophe losses
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    Canadian insured losses reached record-breaking C$8.5bn in 2024
    The 2024 loss figure exceeded that of the previous record of C$6.2bn in 2016.
    Abbie Day, January 13, 2025
  • Commercial Lines
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    Flatt promoted to AIG global CUO
    Christopher Flatt succeeds Christopher Schaper, who was appointed CRO of AIG in November.
    Abbie Day, January 09, 2025
  • Catastrophe losses
    Lake Christine Fire in burning over 5000 acres in Colorado
    Two more fires hit Los Angeles as 130,000 people evacuated
    Six fires now cover more than 27,000 acres across Southern California.
    Abbie Day, January 09, 2025
  • Talent
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    Arch promotes Watson to credit underwriting manager
    Tim Watson most recently served as a senior credit and political risk underwriter.
    Abbie Day, January 07, 2025
  • Catastrophe losses
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    US Southeast storm losses to reach hundreds of millions: Aon
    The multi-day weather outbreak caused widespread damage from Texas to the Carolinas.
    Abbie Day, January 03, 2025
  • MGAs/MGUs
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    Kestrel and Maiden to merge, creating second-ever listed front
    The new, publicly listed specialty program group will be led by Luke Ledbetter.
    Adam McNestrie, December 30, 2024
  • Catastrophe losses
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    TSR forecasts 2025 Atlantic hurricane activity to be close to 30-year norm
    TSR anticipates that next year will see an ACE value of 129 compared with the 30-year norm of 122.
    Abbie Day, December 10, 2024
  • Reinsurance
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    AIG sells stake in Corebridge Financial to Nippon Life for $3.8bn
    AIG launched an IPO of Corebridge Financial in September 2022.
    Abbie Day, December 10, 2024
  • Catastrophe losses
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    Insured losses from nat cats exceed $100bn for fifth consecutive year: Swiss Re
    It estimated insured losses from nat cats on track to exceed $135bn in 2024.
    Abbie Day, December 05, 2024
  • M&A
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    Zurich completes $600mn acquisition of AIG travel business
    The sale of the business was confirmed in June.
    Abbie Day, December 03, 2024
  • Talent
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    Ryan Specialty appoints Montgomery as international CEO
    Castel founder Mark Birrell will take the role of executive chairman.
    Abbie Day, December 02, 2024
  • Industry-wide
    Police Swat Team at Work PVT
    Arch promotes Ouwehand to head of terrorism, PV and war
    Jelle Ouwehand joined Arch from Marsh, where he was a senior terrorism, PV and war broker.
    Abbie Day, November 26, 2024
  • Cyber
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    Cyberattacks have cost UK businesses $55.3bn in five years: Howden
    Cybersecurity basics could reduce cyberattack costs by up to ~75%.
    Abbie Day, November 25, 2024
  • Commercial Lines
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    Lockton Re to launch parametric products for US crop industry
    The broker will be using Verisk US agricultural risk models.
    Abbie Day, November 20, 2024
  • Cyber
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    Cyber market too optimistic in cyber premium projections: Swiss Re
    The market grew at a rate of 32% annually from 2017 to 2022.
    Abbie Day, November 18, 2024
  • Reinsurance
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    Conduit Re grows GWP 25% YoY but notes 'elevated’ cat events
    The carrier said activity across smaller and mid-sized natural catastrophe and risk events had been “elevated”.
    Abbie Day, November 06, 2024
  • InsurTech
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    Global InsurTech funding set to reach $4.2bn by year end: Mapfre
    Funding has reached $3.2bn over the first three quarters, 7% less than in 2023.
    Abbie Day, November 05, 2024
  • Brokers
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    Aon confirms Griffiths & Armour acquisition
    The deal is expected to close in Q1 2025.
    Abbie Day, November 01, 2024
  • Florida
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    FHCF share of Milton losses projected at between $1.6bn to $5.8bn
    The estimate implies a roughly $15bn homeowners’ industry loss from the hurricane.
    Abbie Day, October 31, 2024
  • Brokers
    carl hess.jpg
    Rates had minimal impact on WTW’s results: Hess
    The global market is stabilising and softening, and casualty and specialty lines are generally stable, the CEO said.
    Abbie Day, October 31, 2024
  • Brokers
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    Howden launches Howden Safe+ for mid-sized corporates
    The cyber solution is backed by Mosaic, Chubb and Liberty Specialty Markets.
    Abbie Day, October 31, 2024
  • Industry-wide
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    Coalition forms capacity partnership with The Hartford
    The Hartford will assume a quota share of Coalition’s UK cyber program.
    Abbie Day, October 29, 2024
  • Industry-wide
    Walking people blur. Lots of people walking in the City of London. Wide panoramic view of people crossing the road.
    Accredited appoints Bufkin and Roufca non-executive directors
    Barbara Bufkin has held executive roles across the industry, and Patricia Roufca was UK CEO at Fidelis Underwriting.
    Abbie Day, October 29, 2024
  • Industry-wide
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    Aon elevates Ball to global practice leader of the space division
    Ball will succeed Jeff Poliseno, who is set to retire.
    Abbie Day, October 28, 2024
  • Reinsurance
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    HDI Global appoints Long as US casualty lead
    Previously, Thomas Long was an AVP for construction at Arch.
    Abbie Day, October 22, 2024
  • Brokers
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    Marsh McLennan Q3 organic growth drops 1 point to 5%
    Organic growth fell by 1 point quarter on quarter and was down by 5 points from Q3 2023.
    Abbie Day, October 17, 2024
  • Reinsurance
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    QBE to launch US inland marine offering with AIG’s Primerano
    The carrier has appointed AIG’s Sharon Primerano as vice president and US inland marine manager.
    Abbie Day, October 15, 2024
  • Florida
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    Over 1.2 million properties fell within Milton’s ‘potentially highly damaging’ winds
    Milton made landfall near Siesta Key yesterday, leaving 2.7 million homes without power.
    Abbie Day, October 11, 2024
  • Industry-wide
    A Lee County Sheriff's officer patrols the streets of Cape Coral, Fla., as heavy rain falls ahead of Hurricane Milton, Wednesday, Oct. 9, 2024. (AP Photo/Marta Lavandier)
    Category 3 Milton makes landfall near Siesta Key
    The hurricane has destroyed hundreds of homes and left more than 2.7 million homes without power in Florida.
    Abbie Day, October 10, 2024
  • Specialty lines
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    Cyber claims exceeding EUR1mn up 14% in H1 2024: Allianz Commercial
    It also reported that severity increased by 17% in the same period.
    Abbie Day, October 09, 2024
  • Industry-wide
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    Augment Risk hires Gallagher Re’s EVP Paul
    Paul spent five years at Gallagher Re in addition to 10 years at Guy Carpenter.
    Abbie Day, October 09, 2024
  • Industry-wide
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    Milton intensifies but set for Cat 3 landfall
    Hurricane Milton strengthened from a tropical storm on Sunday to a Category 5 storm yesterday.
    Abbie Day, October 08, 2024
  • Industry-wide
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    Hurricane Milton reaches Cat 4, set to ‘rapidly intensify’ to Cat 5: NHC
    Milton is expected to move north of the Yucatan Peninsula today and cross the eastern Gulf of Mexico by Wednesday.
    Abbie Day, October 07, 2024
  • Industry-wide
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    ‘Erratic’ Milton set for Cat 4 Florida peninsula landfall: NHC
    Experts have raised concerns over significant rainfall, record-setting storm surge and lingering Hurricane Helene debris.
    Abbie Day, October 07, 2024
  • Industry-wide
    Dunedin, Florida, USA. 29th Sep, 2024. The DUNEDIN MARINA suffered severe damage to docked boats and and the entire pier was destroyed due to the adverse affects of the record high storm surge caused by HURRICANE HELENE. (Credit Image: © Dave Decker/ZUMA
    Helene insured losses in ‘higher single-digit billions’: Aon
    The “exceptionally large and powerful” Category 4 storm made landfall in Florida last month.
    Abbie Day, October 07, 2024
  • Industry-wide
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    Markel Specialty to reshape US professional liability business
    This will not impact Markel International, which will continue to operate out of the UK.
    Abbie Day, September 30, 2024
  • Industry-wide
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    Helene expected to result in total cost of $20bn-$34bn: Moody’s
    Moody’s described Hurricane Helene as “like Idalia but worse”.
    Abbie Day, September 30, 2024
  • Industry-wide
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    Francine losses to be ‘manageable’, borne by primary carriers: AM Best
    The ratings agency said companies focused on growing business in Gulf Coast states, however, would face a “key test” as claims materialised.
    Abbie Day, September 16, 2024
  • Industry-wide
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    Hurricane Francine on trajectory to hit Louisiana later today
    "Life-threatening" storm surge and hurricane-force winds are expected for the state, according to the NHC.
    Abbie Day, September 11, 2024
  • Woolsey Wildfire Burns on Hillside with Flames and Smoke in California Woolsey Fire
    San Bernadino wildfires threaten more than 35,000 structures
    Storm-like conditions caused by heat have led to “very erratic behavior” on the so-called Line Fire.
    Abbie Day, September 09, 2024
  • blaze fire flame texture background
    CatIQ pegs Jasper wildfire insured losses at C$880mn
    The Insurance Bureau of Canada said the blaze damaged one-third of the Jasper community.
    Abbie Day, August 28, 2024
  • talanx-hdi-headquarters.jpg
    HDI Global increases H1 profit 60%, shaves 2 points off CoR
    The improvement was attributed to growth in new business and inflation-related price adjustments.
    Abbie Day, August 20, 2024
  • bermuda flag bermuda.jpg
    Ernesto makes landfall in Bermuda, though major damage is limited
    The storm made landfall on Saturday as a Category 1 hurricane.
    Abbie Day, August 19, 2024
  • ALAMY hurricane ernesto caribbean map august 14 2024.png
    NHC warns of flooding as Ernesto approaches Bermuda
    Ernesto’s maximum sustained winds have reached 100 mph.
    Abbie Day, August 16, 2024
  • ALAMY tampa florida hurricane debby flooding storm rain august 2024.png
    Insured losses should fall in retentions as Debby brings rains to Florida
    The NHC has said there is potential for “historic heavy rainfall” across southeast Georgia and South Carolina.
    Abbie Day, August 06, 2024
  • Gated community houses with palms, South Florida
    Cat 1 Hurricane Debby nearing landfall on Florida Big Bend: NHC
    The ‘life threatening’ hurricane has potential for “historic heavy rainfall” in the southeastern United States.
    Abbie Day, August 05, 2024
  • Cyber-US-2024.png
    Beazley signals ‘business as usual’ cyber stance to brokers post CrowdStrike
    In messaging to the market, the cyber insurer described the rating environment as “stable and sustainable”.
    Catrin Shi, July 31, 2024
  • Abstract Image of Business People's Silhouettes in a Meeting
    Howden Re takes Aon’s Foot as MD of marine, energy and terror treaty
    He will focus on the London and US markets, including the placement of consortia and binders.
    Abbie Day, July 30, 2024
  • Colorado wild fire burns behind homes
    Global prop cat limit purchased up by $35bn-$40bn in H1: GC
    The rise is equal to 5%-10% of catastrophe capacity purchased, including cat bonds, depending on region.
    Abbie Day, July 30, 2024
  • ALAMY washington microsoft error message Dulles airport july 2024 crowdstrike.png
    Coalition puts CrowdStrike industry loss at $960mn or under
    The firm said losses could fall under $300mn if more favourable assumptions were applied.
    Abbie Day, July 26, 2024
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