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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
Baldwin ‘thoughtfully’ active in M&A after de-levering process: CEO

The Floridian brokerage expects to bring its leverage levels below 4x later this year.

Jairo Ibarra, May 30, 2025
Acrisure Re forecasts above-average 2025 hurricane season

Last week, TSR updated its forecast and is now predicting above-average storm activity.

Ayesha Venkataraman, May 30, 2025
American Coastal purchases $1.7bn of cover for core cat program

The total cost excluding a 15% quota share was $201.85mn, with rates down 12.2% from last year.

Jai Singh, May 30, 2025
Insured losses for Texas storms could reach billions of dollars: Aon

Most of the losses are attributable to a supercell storm in Texas.

Jai Singh, May 30, 2025
Behind the Headlines: Neil Eckert on ‘evolution not revolution’ at Conduit Re

What’s next for Conduit Re’s strategy following a leadership shake-up?

May 30, 2025
Palomar completes 6.1 reinsurance placement with $3.53bn for earthquakes

The company also has $100mn for US hurricane events.

Clark Mindock, May 29, 2025
Universal subsidiaries place $2.5bn 2025-2026 reinsurance tower

The Floridian also secured $352mn of multi-year coverage extending to 2027.

Kyoung-son Song, May 29, 2025
AF Group promotes Stewart to CFO, makes other executive promotions

The executive has over 30 years of finance and industry experience.

Olivia Royle, May 29, 2025
FM-owned Velocity Specialty’s FSR gets AM Best upgrade to A

The company’s credit ratings had been under review since early this year.

Kyoung-son Song, May 29, 2025

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