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ICA pegs Australian bushfires insured losses at $1.13bn

So far at least 16,000 claims have been filed in the state of New South Wales.

Ex-MS Amlin aviation chief Brett joins La Reunion Aerienne

Malcolm Brett will take up the role of chief business development officer at the MGA.

Spore to stay at Marsh & McLennan Companies

The tussle over the financial lines broker comes amid rising competition for talent between rival insurance intermediaries.

The Hancock succession: What does Lloyd's need?

Market leaders give their thoughts on what qualities the next performance managing director should possess.

• AIG wins UK appeal over $100mn bonus payments: report
• Ed specie broking raid on Marsh nears 20 as team follows Gordon
• Opinion: Under-reinsurance – the manatee in the Florida cat swamp
• The Week in 90 Seconds
• IAG warns on profit after above-forecast cat toll
• FCA makes competition specialist Woolard interim CEO

Opinion

No precedent has been set on what a cat loss looks like for cyber

By leaving their policyholders stranded, insurers risk harming the reputation of the entire industry

Loss-cost inflation was always going to accelerate in the casualty sector

The audit firms will play a pivotal role in how fast the casualty reserving crisis plays out

In Brief

Puerto Rico insurance commissioner steps down

Lockton hires Ireland CEO from JLT

NFP acquires Arizona-based Koty-Leavitt

Davies Group moves into insurance law with Keoghs deal

Marsh acquires private equity specialist Ironwood

Brown & Brown buys Dallas-based Texas All Risk

Analysis

Ten themes for 2020 in (re)insurance

This publication looks at the 10 most prevalent industry trends for the year ahead.

D&O: New data points to excess pricing surge

However, there's more to re-underwriting an excess book than price alone, Inside P&C analysts noted.

Pulled Lloyd’s capacity since Advent closure totals £1bn

Neon closure brings total number of shuttered syndicates since 2018 to eight.

AIG link with Voya brings 2020 challenges into focus

Speculation linking AIG with a bid for Voya highlights the competing operating and capital allocation challenges facing company in 2020.

Career changes lead to a shakeup in the D&O Rankings

Two professionals win the underwriter rankings and RKH Specialty’s Jason Rose climbs to the top of the broker podium.

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