Allstate estimates May cat losses at $777m 
WTW names Linda Fisher to lead law firm strategy within FIPS division 
United Risk completes acquisition of specialty reinsurance MGA Pinnacle Underwriting 
Chedid Re promotes Jalal Tabaja to Deputy Head of Facultative 
Ambac updates timing of legacy financial guarantee business sale to Oaktree 
Allstate estimates May cat losses at $777m
The Allstate Corporation has estimated catastrophe losses for May 2025 of $777 million or $614 million, after-tax. These losses stemmed...
WTW names Linda Fisher to lead law firm strategy within FIPS division
Willis, a WTW business, has appointed Linda Fisher to lead its law firm segment within the Financial Services and Professional...
United Risk completes acquisition of specialty reinsurance MGA Pinnacle Underwriting
United Risk, a global property and casualty insurance underwriting and distribution platform, has completed the acquisition of Pinnacle Underwriting Pty...
Chedid Re promotes Jalal Tabaja to Deputy Head of Facultative
International reinsurance broker Chedid Re, part of Chedid Capital, has promoted Jalal Tabaja to the role of Deputy Head of...
Ambac updates timing of legacy financial guarantee business sale to Oaktree
Ambac Financial Group, Inc., an insurance holding company, has provided an update on the timing of the sale of its...
Joe Melly named Head of Casualty sub-segment at Moody’s Insurance Solutions
Michael Steel, General Manager at Moody’s – Insurance Solutions, has announced the appointment of Joe Melly as the new Head...
Israel’s gov-backed insurance scheme to cover majority of conflict losses
S&P has indicated that Israel’s government-backed insurance scheme is expected to absorb most losses related to the conflict with Iran,...
Guy Carpenter and Valloop enable £40bn in surety capacity for SME employee buyouts
Guy Carpenter, a risk and reinsurance specialist, has announced a partnership with Valloop, a financial platform focused on employee ownership,...
Legacy Roundtable: Stakeholders eager to close perception gap & advance run-off market
Around the annual meeting of the legacy insurance and reinsurance marketplace in Brighton, UK, last month, we hosted a roundtable...
Arch Insurance UK promotes Mark McGrady to Liability Underwriting Manager
Arch Insurance UK Regional Division has announced the promotion of Mark McGrady to Liability Underwriting Manager. McGrady will report to...