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adam mcnestrie/adam mcnestrie ii ils.png

Adam McNestrie

EDITOR-AT-LARGE
Contact
  • email

Adam McNestrie is a journalist with 14 years’ experience covering the P&C market. He led Insurance Insider from 2016 onwards, and was the co-founder of Insurance Insider US in 2019. In late 2022, he handed over all leadership responsibilities and became Editor-at-Large of Insurance Insider and Insurance Insider US, refocusing 100% of his attention on reporting.

Based out of London, he nevertheless spends a significant amount of time with a network of US sources, covering the world’s largest insurance market.

Areas of interest in the US include the specialty/E&S markets, the large public brokers, the private levered brokers, and M&A across the insurance value chain.

Beyond the US, he continues to cover the Lloyd’s market, large London market brokers, and M&A. He also retains a residual interest in the aviation market.

As well as breaking news he writes long-form commentary, and is focused on understanding company strategy at key companies, and the CEO perspective more generally.

Published by this author:

  • Brokers
    Blurred city sunrise background
    Marsh McLennan to rebrand as Marsh
    Guy Carpenter will rebrand as Marsh Re, as a new central tech/operations unit is created.
    Adam McNestrie, 14 October 2025
  • Re/insurers
    liberty mutual insurance building boston massachusetts.jpg
    Liberty Mutual prepares to launch raise for casualty sidecar
    It is understood around $1bn of premiums could be ceded to the proposed vehicle.
    Adam McNestrie, 06 October 2025
  • M&A
    Bamboo-2025.png
    Homeowners' MGA Bamboo nears $1.75bn sale to CVC
    The business has been ~70% owned by White Mountains since January 2024.
    Adam McNestrie, 03 October 2025
  • Reinsurance
    Everest Brown Paper.jpg
    Everest explores sidecar for casualty reinsurance business
    Sources said that the carrier has held preliminary talks with private debt investors.
    Adam McNestrie, 09 September 2025
  • Sidecars
    Fleming Insurance Holdings Brick Logo.jpg
    Fleming Insurance to raise casualty sidecar of $100mn-$125mn
    Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
    Adam McNestrie, 08 September 2025
  • Legacy
    Enstar Black Fade.jpg
    Enstar sets up legacy sidecar Scaur Hill Re with $300mn from a family office
    The ILS play will make the business more capital efficient under new owner Sixth Street.
    Adam McNestrie, 26 August 2025
  • Legacy
    enstar logo.jpg
    Enstar eyes entry to Bermuda fronting market
    The legacy player is working to secure its first deal, and could look to expand to US E&S.
    Adam McNestrie, 29 July 2025
  • Sidecars
    Ryan Specialty 3D Glass Icon.jpg
    Ryan Specialty Underwriting Managers targeting ~$300mn global sidecar
    The vehicle will take a quota share of all of the risks underwritten by Ryan Specialty’s MGA arm.
    Liz Bury, 27 March 2025
  • Florida
    nasdaq new york stock exchange nyse stock markets .png
    Florida’s American Integrity gears up for potential IPO
    The insurer has lined up Piper Sandler and KBW to run the process.
    Jairo Ibarra, 26 March 2025
  • Renewals
    fog california.jpg
    Fair Plan stretches tower by $1bn after taking ~$4bn wildfire loss
    The programme structure was expanded, but it is unclear what percentage was placed.
    Adam McNestrie, 04 March 2025
  • Catastrophe losses
    state farm logo building 3.jpg
    State Farm blows through CA reinsurance cover with ~$8bn LA wildfire loss
    The carrier has around $2.5bn-$4bn of reinsurance cover specifically for California risk.
    Fiona Robertson, 30 January 2025
  • Property treaty
    Farmers Insurance logo aon their headquarters building in Woodland Hills, CA, USA.
    Farmers’ wildfire loss pick of up to $2.15bn implies minor cat bond claim
    Secondary pricing on the carrier’s Topanga Re bond partly recovered following the guidance.
    Jai Singh, 28 January 2025
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