Aventum-backed Rokstone has hired Giles Hussey as senior executive officer (SEO) of Rokstone (Dubai International Financial ...

Global rates declined 3% in Q1, marking the third consecutive quarter of sequential pricing declines, according to a preview of the Global Insurance Market Index that Marsh McLennan CEO John Doyle ...

USAA and its broker Holborn are in the market to purchase additional reinsurance limit which, if fully placed, would equate to $950mn across its property cat occurrence and aggregate programmes, this ...

Tariffs are likely to be “inflationary to the overall cost of risk”, according to Marsh McLennan president and CEO John Doyle. In an earnings call this afternoon, Doyle said that this comes on top of ...

Marsh McLennan posted organic growth of 4% in Q1 2025 as adjusted earnings per share grew to $3.06. The 4% Q1 figure represented a 3-point deceleration on the 7% reported in Q4 2024 and a drop of 5 ...

Why have reinsurance start-ups remained so rare in recent years, even as underwriting conditions have improved?

The Serious Fraud Office (SFO) has accused United Insurance Brokers (UIB) of failing to prevent international bribery. The SFO alleges UIB’s US-based intermediaries for Ecuador paid bribes in return ...

The association’s board is responsible for overseeing all its work representing London insurers and reinsurers providing international and wholesale cover. In addition to these appointments, Chris ...

At Mereo, despite having industry figurehead Brian Duperreault as chair, the fundraising to launch took the best part of 18 months, with its origins in a partnership in late 2023 with asset management ...

Loss aggregator Perils has updated its industry exposure database to include market sums insured for the peril of severe convective storm (SCS) in Europe, Japan and New Zealand. Natural catastrophe ...

A roundup of all the news you need, including a Perils update.

Property Claims Services (PCS) has increased its loss estimate for the Palisades Fire by 10% to $20.6bn, while slightly decreasing its Eaton Fire loss estimate, by 1% to $15.1bn. This has lifted PCS’s ...