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A memo to staff said the executive will be “pursuing new opportunities outside of our company”.
Fleming Re bought the James River Re legacy book in 2024.
The packages contained client lists and records saved as “TOP SECRET” on a former employee’s computer.
Sources said the Floridian insurer has been working with Deutsche Bank on the listing preparations.
The market is “extremely competitive”, with several launces from MGAs and syndicates expected.
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.
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.
Competitor news
What Your Competitors are Reading
Competitor news
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The Insurance Insider US news team runs you through this week’s key agency M&A. -
The move from Chubb comes at a moment of perceived weakness for AIG.
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London-based Tristram Prior will transfer to Bermuda to lead the line of business.
Insider On Air: Our Webinars & Podcast Channel
Behind the Headlines Podcast
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How do you harmonise distribution strategies in a rapidly evolving marketplace?
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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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In Partnership with ApolloWith real-time data and analytical tools giving underwriters a clear view of pricing adequacy, mix and attachment points, and allowing faster corrective action when rates fall below acceptable thresholds, insurers are shifting into a new paradigm for soft markets, said James Slaughter, Group CUO, Apollo, during an interview at the Insurance Insider’s London Market Conference.
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In Partnership with Fidelis PartnershipInsurers can turn the global energy transition into both a commercial opportunity and a force for societal good, said Charlie Heathcote, Head of Sustainability, the Fidelis Partnership, during an interview at the Insurance Insider’s London Market Conference
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In Partnership with RecorderAllowing insurers to receive real-time data from MGAs could eliminate the need for monthly bordereaux reporting, said Matt Hicks, Co-founder, Recorder, during an interview at the Insurance Insider’s London Market Conference.
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This webinar dives into the latest trends, legal cases and risk management strategies surrounding these next-generation digital liabilities
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In Partnership with AXISBeing able to make use of innovative AI features relies on having structured, organised and logical data.
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Join senior market leaders for a forward-looking discussion on performance trends, pricing dynamics, M&A signals and risk appetite across both admitted and E&S segments.
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AI and precise data can enable insurers to innovate policy durations, from annual to transaction-specific, offering more tailored coverage options, said Christina Lucas, Global Market Leader, Insurance, Google Cloud, during an interview at the PwC Insurance Summit.
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Pushing 1 January renewals late in the season can undermine outcomes, said Maamoun Rajeh, President, Arch Capital Group. During an interview at the PwC Insurance Summit, Rajeh called for a bifurcated market approach combining strategic partnerships and a collaborative price discovery process months before renewals.
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During an interview at the PwC Insurance Summit, SiriusPoint CEO Scott Egan highlighted the danger of pricing cycles. As pressure mounts after a quiet cat quarter, he urged reinsurers not to create pricing cycles by chasing volume at the expense of long-term industry attractiveness and risk adequacy.
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In Partnership With PwCPwC Partner Matt Britten predicts a wave of dealmaking in 2026, driven by diversified third-party capital from hedge funds, private equity and more. With reinsurers seeking growth and new asset classes emerging, the market is set for increased activity and innovation, he said during an interview at PwC's Insurance Summit.
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In Partnership With PwCAn expected $600bn of capital flowing into the financial services industry in the coming years is focused on innovation and can reshape the insurance industry, said Arthur Wightman, territory leader, PwC Bermuda, during an interview at PwC's Insurance Summit.
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The continued growth in cat bonds and third-party investment brings new options for risk transfer, diversifies investor pools and boosts returns, said Andy Marcell, CEO, Aon Global Solutions, during an interview at the PwC Insurance Summit.
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In Partnership With Aspen"We don't want to run away from that risk. We want to run to the risk as long as we can quantify it," said Christian Dunleavy, President, Aspen, during an interview at the PwC Insurance Summit.
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"We are unique in that for every line of business we write, we have both an owned balance sheet and a third-party capital solution to bring to customers," RenaissanceRe CEO Kevin O'Donnell said during an interview at the PwC Insurance Summit in Bermuda.
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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.