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Tom Wakefield says there is scope for opportunistic reinsurance purchases in 2026. -
The market was unphased by January’s record wildfire loss in Los Angeles.
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Non-loss impacted major property program rates were down by up to 20% at the renewal period.
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Defendants can service clients who signed BOR letters as of December 29.
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The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals.
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Jim Hays outlined $90mn in stock losses as Howden called Brown & Brown’s narrative “false and inflammatory”.
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Former Aon employees are barred from using Aon’s confidential information.
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Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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This year, Brown & Brown, WTW and Baldwin emerged as major acquirers in the latest consolidation cycle.
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Based in San Francisco, the executive specializes in venture capital and AI companies.
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The facility has expanded to cover construction and renewable energy risks.
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