Hurricane Francine’s insured losses could fall between $2bn and $3bn, based on comparisons with similar past hurricanes, according to Guy Carpenter.

The move comes just days after the Warren Buffett-controlled conglomerate reached the $1tn market cap mark for the first time ...

Moody’s has changed its outlook for UK P&C insurance from negative to stable. The agency said it expects UK GDP to grow by 0.9% over 2024 and 1.2% in 2025, up from 0.1% in 2023. This will create ...

Glyn Thoms will be stepping into a newly formed role with a focus on cyber strategy formulation and management.

Andrew Gordon is leaving Seascope to join the marine team at Miller, Insurance Insider can reveal. Gordon was the long-serving managing director of Seascope, the marine broker where he worked for over ...

Gallagher has launched a specialty insurance offering in Bermuda with Jasmine DeSilva at the helm. The broker already has a significant client base on-island, along with treaty reinsurance operations ...

Lloyd’s has proposed several changes to its approach to dealing with market misconduct, including financial and non-financial offences. In a consultation, the Corporation said it wishes to create a ...

Hurricane Francine made landfall in the southern Louisiana parish of Terrebonne as a Category 2 storm at 17:00 CDT on Wednesday, according to the National Hurricane Center (NHC). Francine made ...

Fidelis Insurance Group has hired former Arch Insurance International COO Jason Kittinger as COO. Kittinger has worked in the insurance sector for more than 20 years, 18 of which he spent at Arch in ...

Hurricane Francine made landfall in the southern Louisiana parish of Terrebonne as a Category 2 storm at 17:00 CDT on Wednesday, according to the National Hurricane Center (NHC). Francine made ...

Ariel Re CEO Ryan Mather has said that the set-up of Ariel Re Capital Partners was an “addition to our armoury” that will ...

BMS’s reinsurance business has doubled in size in the past five years – and must double again, according to CEO Nick Cook. In ...