Articles

Reinsurance

Florida’s Citizens fills mid-year reinsurance tower at below budget

Florida state insurer covered $4.5bn in reinsurance for much less than it cost last year.   23 June 2025

Insurance

US insurers paid out 17% less in lightning claims in 2024, still over $1bn

Total number of lightning-caused claims also fell by more than one fifth.   23 June 2025

Insurance

London P&I Club sees combined ratio rise to 102%

Overall surplus shrinks due to higher-than-expected claims.   23 June 2025

Insurance

BRG expands business insurance claims practice outside of US

Opens practice in London, hires ex-BDO maven to lead it.   23 June 2025

Risk Management

Hiscox partners with Google to widen insurance options for California homeowners

Insurer teams up with AI-driven Earth observation platform for wildfire prediction.   23 June 2025

Reinsurance

Price Forbes names Marsh, Guy Carpenter alum as Asia property chief

Executive brings 20 years' plus experience across Asia to role.   23 June 2025

Insurance

Cyber premiums slide on softening in 2024; E&S holds its own

Travelers, At-Bay Specialty, QBE all big movers in cyber insurer rankings.   23 June 2025

Reinsurance

Acrisure Re heads to the West Coast, opens San Francisco office

Senior vice president to lead California expansion while handling New York responsibilities.   23 June 2025

Insurance

Swiss Re sees recoveries rising, fraud falling due to AI claims system

Corso platform ClaimsGenAI could be rolled out to other Swiss Re lines of business.   23 June 2025

Insurance

Marco goes back into R&Q again, buys R&Q Gamma

Run-off solutions provider makes third deal with mothballed insurer.   23 June 2025

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