A roundup of all the news you need, including the completion of Ki’s separation from Brit.

Allianz Commercial has appointed Phuong Ly as commercial managing director for the UK. The executive will assume the position ...

Algorithmic digital-follow underwriter Ki has completed its separation from Brit to become a standalone company within the ...

The European MGA market is “largely untapped” by London MGAs, representing an opportunity to expand through acquisition, ...

Some data-points emerged, with the California Fair Plan confirming its part-placed reinsurance programme attaches at $900mn, ...

Lockton Re confirmed that Theo Norris has joined Lockton Re Capital Markets as the UK capital markets structuring and ...

Changing market cycles, competition and AI are likely to dominate market discussions for 2025 and beyond, according to Cecile Fresneau, managing director at QBE European Operations. Meanwhile, the ...

The ratings agency said it expects Mercury’s credit profile will withstand the impact of the Eaton and Palisades fires, but the negative outlook reflects the potential for credit deterioration and ...

AM Best has removed Scor’s financial strength rating from under review and confirmed the rating as ‘A’. The ratings agency also confirmed Scor’s long-term issuer credit rating as ‘a+’. AM Best placed ...

Cyber is currently a buyer’s market, with rates continuing to soften, according to Marsh McLennan’s Scott Stransky, managing director, head of the Cyber Risk Intelligence Center.

Property Claims Service (PCS) has increased its Hurricane Milton industry loss estimate by 15% to $17.2bn, up from $15bn as of November, in its third loss update for the event, sources told this ...

Karen Clark & Company (KCC) has pegged the insured loss from the Los Angeles wildfires at $28bn. The estimate covers private ...