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Holloway joins The Clear Group

Oscar Holloway will be responsible for leading The Clear Group’s M&A strategy and brings a wealth of senior leadership experience to the role

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Tennessee workers’ compensation rates decline for 12th consecutive year

Most businesses will benefit from lower workers’ compensation insurance premiums in Tennessee, starting 1 March, according to the Tennessee Department of Commerce and Insurance

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WTW unveils new investment management insurance offering in US

Willis, part of WTW, has launched its Investment Management Insurance (IMI) Plus product for US clients

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Aon launches life and health reinsurance practice in India

Aon has appointed Renuka Nar as head of broking and Neha Shah as chief actuary of the new unit

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SRG collaborates with Ecclesia Group

The acquisition will see SRG expand into mainland Europe following their launch in Asia Pacific in 2024

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Fitch: LA wildfires may cost 30% of European reinsurers' 2025 budgets

The recent wildfires in Los Angeles could use up more than 30 per cent of the natural catastrophe budgets set by Europe’s largest reinsurers for 2025, according to Fitch Ratings

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DIFC and Lloyd’s partner to develop insurance talent in Middle East

The Dubai International Financial Centre Academy and Lloyd’s Academy have signed a MoU to collaborate on talent development in the (re)insurance sectors in the region

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Gallagher Re: Natural catastrophe insured losses reach US$154bn in 2024

Hurricanes Milton and Helene were the costliest events for insurers in 2024, each causing US$20 billion in insured losses

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AM Best upgrades credit rating outlook for The Florida Bar’s captive

AM Best has revised the outlook to ‘positive’ from ‘stable’ for the long-term issuer credit rating for Florida Lawyers Mutual Insurance Company

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Cytora partners with Smarty to enhance property risk underwriting

Cytora has partnered with Smarty to embed its US property data — offering over 350 attributes — into its platform to facilitate property risk evaluation for insurers

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Lloyd’s risk transformation platform hits US$1.92bn of deployed capital

Lloyd’s London Bridge risk transformation platform has reached US$1.92 billion of deployed capital by the end of 2024, attracting US$2.55 billion of capital committed

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Arch promotes Bottle to Managing Director of UK Regional Division

Arch Insurance International has appointed Mike Bottle to managing director of the UK Regional Division, following the retirement of Steve Bashford as chief executive of the unit

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