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Convex approved for second Lloyd’s syndicate

Syndicate 1987 will focus on long-tails lines, including casualty re/insurance, political risk and trade credit

Bermuda Lloyds

Global P&C premium growth slows in 2025

Property and casualty insurance premiums grew by 3.8% to €2.32bn last year, Allianz report finds, as pricing normalises after boom years

International Property

Willis warns of AI ‘insurability problem’

Carriers should be explicit about limits of coverage

Specialty Willis Towers Watson

Construction guarantees are subject to the South African Insurance Act

South African court ruling settles long-contested question about whether construction guarantees constitute non-life insurance policies

Legal focus Property

Tokio Marine Holdings reports record profit

Japanese insurance conglomerate expects to ‘redeploy’ over JPY10bn into M&A over the next 12 to 18 months

Japan Tokio Marine Holdings

European MGAs look to AI to support growth ambitions

At last week’s MGA Rendezvous in Barcelona, the delegated authority market discussed growth opportunities in Europe and the opportunities created by AI

Distribution Casualty

Everest sells Colombia subsidiary to AIG

Sale continues carrier’s exit from commercial retail insurance operations

Mergers and Acquisitions AIG

Lloyd’s calls for market discipline amid ‘brutal’ renewals

Chief of markets says underwriters must take steps to manage the cycle now to avoid ‘broader scale action’ as market turns

Property Lloyds

Dual Europe targets geographic and product expansion

Diversification and innovation key for growth, managing general agent’s chief executive says

Distribution Casualty

Implications of the Mazur appeal on the conduct of litigation

The Court of Appeal has provided some clarity on the distinction between ‘carrying on’ the conduct of litigation and performing tasks in support of it

Casualty Legal focus

Insurance leaders say AI biggest tech change in sector

But the technology will not lead directly to workforce reduction, chief executives say

Technology Markel

Why UK motor risk could start looking like aviation

UK’s incoming autonomous vehicles regime means autonomous fleets may start to look less like traditional motor insurance risks and more like an aviation-style systemic exposures

Legal focus Casualty
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