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The Insurance Insider US news team runs you through this week’s key agency M&A. -
It is understood that Salcedo will join Aon as P&C treaty head for Colombia and Ecuador.
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The reinsurance broker will be known as Marsh Re starting in 2027 as part of a broader company shift.
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Increased vegetation could spell trouble in the future.
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Private capital-backed buyers accounted for 605 of 854 deals last year.
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The executive’s departure comes amid a wave of cyber reshuffling in the industry.
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Guy Carp has been rebuilding its marine and energy team after a major Willis Re team lift.
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The MGA is looking to drive its commercial strategy across the globe.
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Reserves will join rate softening, margin pressure, as key topics in Q4 discussions.
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Southern is said to have diverted 36 clients with $4mn in annual revenues from Marsh.
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While buyers enjoy favorable market conditions, increased costs from tariffs could spell trouble in 2026.
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The executive was previously head of casualty at the AIG subsidiary.
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The unit will be part of ICW Specialty, which launched in June 2025.
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Patent and copyright infringement were the top AI-related legal claims.
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Casualty and auto loss costs continue to rise due to inflation as we head into 2026.
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On average, Pure members will see a 7.6% rate decrease.
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The MGA’s property team buildout was led by Clif Hope, former Lexington head of property.
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Sources said they expected FM to keep around $2bn of the maximum line net.
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Insurance has been an increasingly salient issue among politicians in the state.
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The company’s policy count has been declining rapidly in recent months.
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The broker has analyzed the differences in wildfire risk between Northern and Southern California.
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FM announced a new super-sized $5bn data center line as it grows book value $3bn-$4bn a year.
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The biggest riser in this year’s Allianz Risk Barometer was AI.
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The multi-line program seeks to support investors, developers and operators involved in the AI boom.
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The decision follows a string of recent moves – including M&A and new entrants – that have changed the TL vertical.
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The capacity backs the reinsurance underwriter to cover international risks outside the US.
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Upon closing, the unit will be renamed First Product Protection.
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The facility is backed by a consortium including Arch, Munich Re Specialty and Scor.
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The sale will see a transfer of renewal rights and the product recall team.
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The medical care index increased 3.5% over the past 12 months.
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Wildfires and SCS led to $108bn of total insured losses globally, despite no major hurricane making US landfall.
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The 25-year industry veteran will report directly to CEO Adrian Daws.
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Preeti Gureja has held senior roles at Chubb and AIG.
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The July purchase has not been contested in bankruptcy filings.
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Mike Parrish and Howden US argue Marsh’s non-competes aren’t valid.
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The MGA platform has launched more than 20 new vehicles since 2021.
