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...
Business Moves: Howden Japan Acquires Holos; Ageas Buys Saga’s Underwriting Biz; BMS Purchases Australian Property Broker; UK’s Direct Line Now Owned by Aviva July 2, 2025 By L.S. Howard Howden Japan Acquires Majority Stake in Retail Broker Holos Howden, the London-based insurance intermediary group, announced it has acquired a...
Lloyd’s Applauds Removal of Section 899 Tax Measure From ‘One Big Beautiful Bill’ June 30, 2025 By L.S. Howard Lloyd’s has issued a statement applauding the removal of Section 899 from the Republican’s reconciliation bill, which could have led...
Deadly Air India Crash Will Harden Aviation Reinsurance Market: GlobalData June 16, 2025 By L.S. Howard The fatal crash of Air India flight AI171 on June 12, 2025 is expected to send ripple effects across the...