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Axa XL Lloyd’s energy head Harris exits as specialty unit restructures
Earlier this week, we revealed that Louise Nevill was joining Axa XL as specialty CUO.
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A roundup of all the news you need, including our interview with Mosaic CEO Mark Wheeler.
The group posted an undiscounted combined ratio of 90.2% during the year.
The MGA is offering lines of $25mn, up from the $10mn limit it was providing until late last year.
Opinion
Featured
Lloyd’s preliminary results in five charts
The market improved on attritional losses in 2024 – but slowing rate growth raises queries over top-line momentum.
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IQUW reports GWP of more than $1bn
12 March 2025 -
Chubb Bermuda excess liability head Warwicker retiring
11 March 2025
Analysis
Hiscox, Beazley and Lancashire all reported top line growth, but ROEs dipped in an active wind season.
Sources warned of the erosion of underwriting margins after a string of strong years.
Two major claims have prompted underwriters to question the sustainability of double-digit rate decreases.
Some firms are broadening their M&A net in light of PE firms showing more restrained appetite for intermediaries.
Interviews
The executive said MGA and broking start-up activity looked set to continue.
CEO Alex Maloney said the LA fires might prompt some carriers to go more “risk-off”.
The executive said the firm had to focus time and investment on the most meaningful projects.
Ascot Underwriting CEO Ian Thompson, who took the helm last summer, discussed emerging headwinds.
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Get the inside scoop on the major stories shaping the London market through discussions with the journalists who broke them. Plus, hear from industry professionals on what these developments mean for the (re)insurance sector.
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Anna Woolley, Head of Construction for AXIS Global Markets, discusses how they’re tackling the challenges of mega projects, sustainability, and evolving risks in the construction insurance sector.
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The cyber insurance market is poised for growth in 2025, but staying competitive requires innovation and adaptability to new risks. Andy Maher, head of cyber & technology, London, for AXIS, shares insights on industry trends and challenges ahead.
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The Once and Future C&F, delves into pivotal moments within the company and the insurance industry, and spotlights the leaders who’ve shaped the company’s legacy over the past 200+ years.
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Karl Haynes, Managing Director for Wholesale Claims at Tysers Insurance Brokers, explains how advancements like AI and drones are transforming the insurance claims process, improving efficiency and transparency in the London market.
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Fred Karlinsky, Chair of the Insurance Programme at Greenberg Traurig, discusses Florida's impactful tort reforms, third-party litigation funding, and the booming E&S market's future.
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Paul Templar, Co-Founder & CEO of VIPR Solutions, explores the drivers of growth, key challenges, and future outlook for MGAs in 2025.
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Jim Mormile, President of Professional Lines for Skyward Specialty, discusses AI, cyber risks, and industry challenges.
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Mark Maher, President of Jencap, discusses the thriving MGA space, market challenges, and opportunities in 2025.
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Tim Brockett, EVP & Head of Specialty for Munich Re U.S. shares insights on risk perceptions, the flood insurance gap, and innovative strategies.
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Michael Silas, Head of Global Credit for AXIS Re, discusses 2025's macroeconomic outlook, regulatory shifts, and credit market trends.
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