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Daily Digest: Softening market drives MGA activity, AIG launches gen AI syndicate, 'Pay first' clauses in marine policies

Catch up on the essential news and analysis from the Insurance Day experts

Online Published Date: 2025-12-19T17:40:18

S&P Global Ratings upgrades Lancashire to A

London-listed re/insurer’s expanded product mix and geographic reach have strengthened its earnings and portfolio resilience, rating agency says

Online Published Date: 2025-12-19T16:40:11

Softening market spurs MGA activity

MGA launches tend to be resilient to market cycles, Emma Plush, director of MGA and broker solutions at Davies, says

Online Published Date: 2025-12-19T16:40:11

UK Court of Appeal upholds ‘pay first’ clause in marine liability policy

‘Pay first’ remains an enforceable, market‑standard qualification to indemnity in marine liability policies

Online Published Date: 2025-12-19T15:40:12

Radian gets regulatory sign-off for Inigo acquisition

US mortgage insurer’s purchase of Lloyd’s carrier expected to close in February 2026

Online Published Date: 2025-12-19T14:40:18

Farmers closes $400m catastrophe bond

Multi-year bond provides collateralised protection against US named storms, earthquakes, severe weather and fire

Online Published Date: 2025-12-19T14:40:18

Gallagher Re launches captives risk-transfer unit

New team will offer facultative and structured reinsurance solutions for captives

Online Published Date: 2025-12-19T13:40:11

AIG and Amwins launch Gen AI supported Lloyd's syndicate

Syndicate 2479 will underwrite a cross-section of Amwins' delegated authority book using Palantir technology for portfolio analytics

Online Published Date: 2025-12-19T10:40:16

Insurance Day