Brown & Brown has filed a civil lawsuit against Howden in Massachusetts state court, alleging several causes of action, including trade secret theft, breach of contract and breach of fiduciary duty.

For H1 2025 Lloyd’s posted a £4.2bn ($5.6bn) H1 profit before tax which Tiernan called a “solid half-year performance, demonstrating strength and resilience”. This was down £700mn year on year, as ...

In a transitional year for the London market, 2025 themes featured a strong focus on technology investment and facilitisation. In Part I, we looked at how the major loss events of 2025 including ...

Though full year results are still pending, H1 2025 led to insured cat losses that tracked considerably higher than long-term averages and were the highest for insurers since H1 2011. Gallagher Re’s ...

A group of hospitality trade bodies and legal representatives has written to the UK Financial Conduct Authority (FCA), urging the regulatory body to extend the claims period for Covid-19 business ...

This publication reported that a major oversupply of capacity, coupled with reinsurers’ need for growth, is driving a “ stampede ” to reduce reinsurance rates, in what some say is the fastest ...

MGA Prism has hired Luca Ronsisvalle and Jan von Kamp as it begins underwriting in Singapore and Hong Kong. The appointments come after Prism launched on 1 December, backed by Convex and Efinity ...

Sources said that reinsurers will clear their cost of capital in 2026, absent abnormal loss activity, but pointed to returns on equity (RoEs) in the 10%-15% range – with the best performers ...

AIG has become the largest shareholder in Salford City Football Club, having made a minority investment in August. The ...

Affected locations include Minneapolis, Milwaukee, Boston, Denver and Kansas City, sources continued, with estimates that when the dust settles, the total headcount moving to Howden from Brown & Brown ...

Scor has renewed its EUR300mn ($347mn) three-year contingent capital facility with JP Morgan. The facility is designed to ...

Acrisure’s Funds at Lloyd’s (FAL) fund Corinthian has deployed capital for 2026, with private equity firm Gallatin Point emerging as the joint venture capital partner, sources told this publication.