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The U.S. Managing General Agent (MGA) growth once again outpaced the broader property-casualty market, with direct premiums written rising 16% year-over-year to an estimated $114.1 billion, a recent … [Read More...] about U.S. MGA premiums grow 16% in ‘24 driven by migrating talent, AI adoption & other factors: Conning

Castle Harbour Insurance, a provider of specialty insurance services, has launched a transactional risk insurance brokerage focused on addressing complex deal-related risks. The new offering is … [Read More...] about Castle Harbour Insurance launches transactional risk insurance brokerage

SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed markets, along with its carrier partners Auros Reciprocal Insurance Exchange and Elevate Reciprocal Exchange, has closed … [Read More...] about SageSure and Auros close $100m cat bond with strong investor support

Allianz Commercial, an insurance and financial services provider, has announced two permanent leadership appointments within its UK commercial division. These changes, effective immediately, strengthen the company’s focus on delivering high-quality insurance … [Read More...] about Allianz appoints new leaders to drive growth in UK commercial insurance

ERS, a UK specialist motor insurer, has announced the promotion of Chris Wilson to Head of Fleet and Commercial Motor. This follows Scott Tillbrook’s move into the role of Active Underwriter and marks a strategic shift to bring two closely connected areas … [Read More...] about Chris Wilson appointed to lead unified fleet and commercial motor division at ERS

Amynta Group, an insurance services provider, has announced it is combining its underwriting units, Oryx Insurance Brokerage (Oryx) and Total Program Management (TPM), to create a fully integrated healthcare practice. The combined business will operate as Oryx … [Read More...] about Amynta combines underwriting units to create integrated healthcare practice

Insurance holding company Ambac has extended from July 3, 2025, to December 31, 2025 the term of the stock purchase agreement relating to the sale of its legacy financial guarantee businesses -Ambac Assurance Corporation (AAC) and Ambac UK (AUK) – to … [Read More...] about Ambac and Oaktree announce extension for financial guarantee business sale

As reinsurance rates continued to soften at the mid-year renewals, the return on equity (ROE) for full year 2025 is expected to decline from 2024, although remain above the cost of equity and at a higher level than during the most recent soft market years, … [Read More...] about Reinsurer returns to remain robust with steady ROE through 2027: Guy Carpenter

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