All AIRMIC Today 2025 News

Insurance

Gallagher keeps aircraft flying despite nuclear weapon detonation

More than 100 airlines have already adopted $1bn cover solution.   30 May 2025

Reinsurance

Palomar ups earthquake cover, claims 10% rate cut across programme

Size of the cover and depth of the rate cut boosts Palomar’s earnings target.   30 May 2025

Alternative Risk Transfer

Generali returns to ILS market with €200m Lion Re DAC cat bond

Group CFO Cristiano Borean hails ‘unique and distinctive ESG features’ of the cat bond.   30 May 2025

Reinsurance

Universal renews 1.6: limit up, retentions flat, lower-limit gaps filled

Multi-year treaty and captives marshalled in lower layers as state fund hiked attachments.   30 May 2025

Insurance

US P&C re/insurers well braced for above-average hurricane season: say analysts

Industry has accrued a $1.1tr cash pile to withstand storm losses.   30 May 2025

Reinsurance

American Integrity ups reinsurance limit to $2.6bn

Reinsurance ceiling is 45% than what it was at 2024 mid-year renewals.   30 May 2025

Insurance

South Korea’s biggest P&C insurer opts for US cyber solution

Cyber insurance premiums could be worth $50bn by 2030.   30 May 2025

Reinsurance

Mid-year property cat rates down around 10%, frequency covers resurrected

Howden Re sees ‘meaningful’ role for new players at 1.6; old guard shows ‘modest’ appetite.   29 May 2025

Insurance

Lloyd’s pooler Helios comes out looking strong, having changed accounting standards

Cites 11% 2024 NAV gain in 2024, but capacity metrics are down for 2025.   29 May 2025

Insurance

Helios ups its COO to CFO as well, hugely expanding c-suite remit

The 2024 nab from Canopius has taken key role in restructuring portfolio to date.   29 May 2025

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