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The policy includes a $200mn limit with an additional $100mn for side A coverage.
WTW still has meaningful capital to deploy next year but will provide details on its next earnings call.
MGAs going public is now a viable option, but dominating a market comes first.
Newfront’s business units will be combined with Risk & Broking and Health, Wealth & Career.
The highest portion of losses was experienced in Alberta.
Global insurance premiums reached an all-time high of $15.3bn by year end 2024.
The CEO said that new funding will be used to expand its underwriting capabilities.
The Republican said his office has launched an investigation into the denials.
Ford had purchased a builder’s risk policy from the insurer.
The Japanese P&C carrier agreed a deal to buy 15% of WR Berkley shares in March.
The insurer says defendants billed “exorbitant” fees for non-existent services.
Several Lloyd’s syndicates are also now providing cover for the federal insurer.
He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
The transaction is expected to close early in the first quarter of 2026.
The company had argued the judge missed key info when dismissing the case.
Sources said the deal will value the US M&A insurance broker at over $500mn.
Baldwin said the $1bn merger with CAC accelerates the firm's specialization plans by at least five years.
Fears relating to an economic downturn continue to dominate concerns.
Next year will mark five consecutive years of insolvency increases.
The deal is slated to close in the first quarter of 2026.
The company has been growing rapidly since the summer, with at least 300 currently employed.
Marsh has accused its former execs of flouting a preliminary injunction.
The retail heavyweight uses around 1,000 trading partners to access the wholesale channel.
The executive was most recently head of US casualty at Aon.
Texas was up over 25%, though California and Florida both recorded reductions.
Competitor news
What Your Competitors are Reading
Competitor news
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Approached for comment, Chubb denies that it submitted “an offer” for AIG. -
Canopius will continue to be one of several capacity providers to the MGA.
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Onex CEO Bobby Le Blanc will retire from Ryan Specialty’s board of directors.
Insider On Air: Our Webinars & Podcast Channel
Behind the Headlines Podcast
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In Partnership with AXISMichael McKenna, Head of North America Specialty Insurance, AXIS, outlines the key trends shaping the industry as 2025 comes to a close and underscores that talent acquisition and rapid technology integration will be critical for specialty insurance in 2026.
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In Partnership with AXISLooking ahead to 2026, Michael Silas, Head of Global Credit, AXIS, sees mildly positive global growth driven by tech and infrastructure, but says credit sentiment remains cautious and reinsurers must still price to long‑term tail risk.
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Nobody likes flying in turbulence, and in recent years aviation insurers have faced their fair share of upheaval.
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From Insurance Insider
Insider Outlook: Year in Review
From cat losses from wildfires and hurricanes to litigation battles to the shifting commercial insurance landscape — these are the stories that defined our industry in the last 12 months.
In celebration of Insurance Insider US Honors Awards, please enjoy our Year in Review video.
From Insurance Insider US
Commercial lines rate increases slow to 3.8%: WTW
The figure is down from 5.9% in Q2 2024.
From Insurance Insider
LIVE from Monte: Mereo CEO Croom-Johnson
While investors recently have favored the “instant gratification” of supporting brokers and MGAs, start-up reinsurer Mereo CEO David Croom-Johnson said he thinks capital will “fall back in love” with balance-sheet companies who deliver consistent profitable results.
From Insurance Insider ILS
Hannover Re outlines ILS plans as Ludolphs to retire at end of 2026
Hannover Re Capital Partners is in talks with two investors for 1 January launch.
From Insurance Insider
LIVE from Monte: Paul Campbell, Global Growth Officer for Aon’s strategy & technology group
Paul Campbell details how the most profitable insurers act during a soft versus hard market.
From Insurance Insider US
Brown & Brown appoints Hearn to lead global operations
The executive has been serving as COO since February.
Insurance Insider provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.
Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.