Excessive Litigation Causes Surge in Liability Insurance Costs: Marsh McLennan CEO July 18, 2025 By L.S. Howard Excessive litigation and abuse of the U.S. legal system are effectively imposing a tax on the U.S. economy and causing...
Marsh McLennan Reports Q2 Organic Revenue Growth of 4%, Down From Q2 2024 July 17, 2025 By L.S. Howard Marsh McLennan reported consolidated revenue during the second quarter of 2025 of $7.0 billion, an increase of 12% from $6.2...
Aon Promotes Reinsurance Leaders as John Neal Takes a New Direction With AIG July 16, 2025 By L.S. Howard Insurance broker Aon announced the promotions of Alfonso Valera as CEO of International for Reinsurance, responsible for UK, EMEA and...
First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events July 16, 2025 By L.S. Howard Global insured losses during the first half of this year were at least $100 billion with more than 90% of...
London Market Brokers, Associations Welcome Move to Create UK Captive Domicile July 15, 2025 By L.S. Howard The UK Chancellor of the Exchequer Rachel Reeves announced today that the UK will introduce a captive insurance company regime...
MGA Nexus Underwriting’s CEO Rouse Faces Internal Investigation for ‘Offensive’ Email July 14, 2025 By L.S. Howard Nexus Underwriting, the London-based managing general agent, is investigating a “wholly inappropriate and offensive ” email sent by CEO Stuart...
US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re July 9, 2025 By L.S. Howard Global growth is slowing as US tariff policy reduces trade and heightens geopolitical uncertainty, which ultimately will lead to decelerating...
Florida Reinsurance Buyers Found Ample Property Capacity at Mid-Year Renewals July 8, 2025 By L.S. Howard Reinsurers have gained confidence and returned to the Florida market as a result of recent legislative reforms that have transformed...
Business Moves: Insurtech Wefox Raises €151M to Build New MGA Focus, Core Markets July 7, 2025 By L.S. Howard Insurtech wefox has secured funding of €151 million ($177.8 million), which will enable the company to build its core market...
Reinsurance Renewal Prices Moderate as Capacity Exceeds Cedent Demand: Brokers July 3, 2025 By L.S. Howard Strong returns in the reinsurance sector are attracting capital and leading to favorable pricing outcomes for buyers — but underwriting...