• X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Print
  • Free trial
  • Log in
rachel dalton/rachel dalton ii us.png

Rachel Dalton

Lead Reporter

Rachel Dalton is the lead reporter for Insurance Insider. She covers broking and treaty and facultative reinsurance.

Published by this author:

  • He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
  • GC continues to pursue Willis Re and individuals in court.
  • Senior Willis Re recruit Jim Summers denied Kevin Fisher had a role at the start-up.
  • GC accused Willis, Lucy Clarke, Jim Summers and John Fletcher of unlawful recruitment.
  • M&A
    MassMutual will retain an 82% stake in the $470bn asset manager.
  • The ex-Lloyd’s CEO was due to join AIG as president but will not take up the role due to personal circumstances.
  • Longbrook Insurance will write multiple lines of business.
  • The move comes after the withdrawal of a complaint in the Delaware court.
  • Marsh is also suing a second tier of former Florida leaders.
  • Widespread underinsurance and low exposures will limit losses.
  • Many commercial risks will have London coverage, but insured values are relatively low.
  • The broker will join Ron Borys’ financial lines team.
  • The storm could bring flooding to Jamaica, Cuba and Haiti.
  • APIP is one of the world’s largest property programs.
  • A canvassing of the cyber market suggests the impact will be negligible.
  • Property pricing fell by 8%, while casualty rate increases tapered to 3%.
  • The broker will report to Howden US CEO Mike Parrish.
  • Nine-month insured losses still exceeded $100bn due to California wildfires.
  • The broker is understood to manage Brown & Brown’s account at Howden.
  • M&A
    The carrier has renewed and extended its capacity arrangement with the MGA.
  • The executive has worked for Aon for almost two decades.
  • M&A
    Spectrum joins investors ForgePoint, Hudson and MTech.
  • Cyberattack/data breach remains in the top slot.
  • M&A
    The low degree of overlap between the combining portfolios benefits both parties.
  • M&A
    The deal becomes part of a wave of carrier dealmaking.
  • Rafael Diaz, Tiara Elward and Felipe Murcia will join BMS’s LatAm and Caribbean unit.
  • Angus Hampton, meanwhile, has been promoted to head of casualty in place of Mario Binetti.
  • Last year marked the second consecutive year in which carriers made a positive return.
  • The broker spent almost 20 years at Marsh.
  • Patton Kline succeeds Glod as US aviation and space practice leader.
  • A key hearing in the poaching case is set for September 4 in New York.
  • M&A
    Sources said that detailed discussions have taken place, with a clear path to a deal.
  • The move is a retaliation to Howden’s US retail launch.
  • The CEO said the carrier will prioritise margin over top-line growth.
  • The executive has worked for JLT Re, Lockton Re, Willis Re and US Re.
  • Both organisations still predict an above-average hurricane season.
  • The plaintiffs seek a declaration that part of Marsh recruits’ restrictive covenants are unenforceable.
  • CEO David Howden accused rivals of “restricting choice for their own clients”.
  • Group CEO David Howden says: ‘Our doors are open’.
  • An industry veteran of 34 years, the executive is known for placing US healthcare business in London.
  • The firm will target mid-market risks with TIVs of $25mn-$1bn.
  • M&A
    North American carriers completed the most transactions in the first half of 2025.
  • The broker’s EPS beat consensus at $3.49 for the quarter.
  • Incumbent Oskar Buchauer is stepping down after 27 years.
  • The expansive European broker is targeting Mike Parrish’s team and former McGriff staff.
  • Succession, heavyweight M&A and expanding beyond its core will all test the broker.
  • The broker has emerged as the emphatic winner of the supercycle, but new tests are coming.
  • US events accounted for more than 90% of global insured losses.
  • Current chief Anibal Moreno will step down.
  • The executive has spent 13 years in the broker’s marine division.
  • Volante joins capacity providers Allianz and Tokio Marine Kiln.
  • The cyber business will continue to operate as a standalone entity.
  • The broker’s fac reinsurance division will encompass around 70 staff, it is understood.
  • Separately, Caribbean market head Janine Seifert is leaving the reinsurer for BMS Re.
  • The company resumed work on a public offering in September.
  • The program’s total limit this year is down $594mn to $1.36bn.
  • The measure could have landed insurers with extra tax on US business.
  • Willis’ continued reinsurance build-out has targeted London and Bermuda marine and retro specialists.
  • The company has also promoted Alex Baker and Tim Duffin.
  • The reinsurance division booked 29% growth for the fiscal year to 30 April 2025.
  • M&A
    The deal multiple is understood to be around 15x adjusted Ebitda.
  • The PE firm’s Aaron Cohen said full integration of broking assets is crucial.
  • The broker has been building out its Bermuda reinsurance presence.
  • The reinsurer confirmed Andrew Phelan’s exit, as of 15 May.
  • The broker called on carriers to expand coverage into new specialisms.
  • The executive will take the global role alongside his existing US responsibilities.
  • The specialty carrier is braving volatile macroeconomic conditions in a second effort to list.
  • The executive was previously a top US casualty broker.
  • We assess the Bermudian’s standing amid waning investor sentiment and economic uncertainty.
  • The reduction was due to impacts from investments and less favourable PYD.
  • M&A
    Last summer Insurance Insider US flagged 3 advantages that minority deals provide.
  • The carrier is offering shares priced at $29-$31.
  • The agency cited SiriusPoint’s recent management moves including lower cat exposure as a driver of the change.
  • The commercial risk and reinsurance units delivered mid-single-digit growth.
  • The business will divide into US wholesale and specialty, and programmes and solutions.
  • The legacy carrier reported an operating loss of $45.3mn for the year.
  • Insurance share prices were resilient amid today’s market meltdown.
  • The carrier has received 12,300 claims as of 28 March.
  • Sources said the Evercore-run Risk Strategies process has drawn the interest of Brown & Brown.
  • The rating allows IQUW to access $1bn in group capital.
  • The executive will remain with the firm as a senior adviser to the CEO until mid-2026.
  • This year’s coverage will involve $2.94bn of new risk transfer.
  • The offering includes GA, aviation GL and airport and product manufacturers liability.
  • As of February 14, the company received 405 claims.
  • The group will house a segment for specialty and benefits and another for underwriting.
  • Katie McGrath is appointed CorSo CUO amid a restructure of the unit.
  • The MGA’s US clients will now have access to London market capacity.
  • The insurance commissioner said the carrier has not shown the need for price increases.
  • Its post-tax estimate of $1.3bn is net of reinsurance recoveries.
  • The start-up has achieved an A- credit rating from AM Best.