Beazley has secured $200mn of natural catastrophe reinsurance protection through its latest cat bond, Fuschia 2.

Independent (re)insurance intermediary BMS Group has completed the acquisition of UK-based broker David Roberts & Partners (DR&P).

Receipts from insurance premium tax reached £1.2bn ($1.5bn) in November 2024, bringing the total for the 2024/25 financial year so far to £6.65bn, according to HMRC data.

Financial services consultancy Hymans Robertson has appointed Muhammad Ali as head of Lloyd’s and London market within its general insurance team.

Energy-focused start-up MGA Volt Underwriting has signed a new $37.5mn binding authority for US and international onshore power and renewable energy risks, marking a 50 percent capacity increase for 2025.

Hive Underwriters Ltd, a Lloyd’s coverholder and MGA that specialises in the aviation industry, has appointed former longtime Allianz executive Henning Haagen as chief development officer and a member of its executive board.

Rob Myers, operations director at the Lloyd’s Market Association, looks at what firms should prioritise when planning for 2025…

Warburg Pincus-backed K2 International has appointed Parth Patel as CUO, effective 1 January.

Independent specialty (re)insurance intermediary McGill and Partners has confirmed the hire of Andre du Preez as head of emerging technology.

Panmure Liberum has upgraded its price forecast for BP Marsh & Partners, the London-listed venture capitalist group focused on insurance assets, citing its “magnificent performance” this year.

Shares in Helios Underwriting plc jumped more than 4 percent in early trading after the London-listed Lloyd's investment vehicle revealed a spike in net asset value (NAV) per share and offered a bullish outlook on results and value creation in 2025.

The UK government has sanctioned 20 shadow fleet ships involved in the illicit trade and distribution of sanctioned Russian oil.

Allianz UK has bolstered its commercial digital trading team with several appointments, including Raj Variyar named head of digital distribution.

Aviation-focused Itasca MGA – part of the Fidelis Partnership’s Pine Walk platform – has structured an innovative aircraft non-payment credit insurance policy.

Australian MGA Agile has formally launched its Lloyd’s marine offering led by David Hughes, with the newly minted Syndicate 2427 able to deploy a A$10mn ($6.4mn) line size on any one marine risk on a global basis, The Insurer can reveal.