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Everest eyes up to $450m hit on California wildfire to follow Q4 loss
Insurance
Everest eyes up to $450m hit on California wildfire to follow Q4 loss
Updated view to Q4 shows $593m net loss, premium decline in primary book.   4 February 2025
AM Best affirms James River Group A- financial strength rating
Insurance
AM Best affirms James River Group A- financial strength rating
But ratings agency AM Best maintains negative outlook for insurer, suggests further downward rating pressure.   4 February 2025
Markel moves US D&O underwriting to Bermuda platform
Insurance
Markel moves US D&O underwriting to Bermuda platform
The insurer said the move was part of a broader shake-up of its professional liability offering.   4 February 2025
Insurance
State Farm homeowner customers face 22% premium hike
California's largest insurer seeks rate increase to shore up capital.   4 February 2025
Insurance
Resolution Life unit buys New Zealand life insurer
The Bermuda-based company said Asteron Life will retain its brand.   4 February 2025
Insurance
AM Specialty locates Foundry veteran for Pinpoint
Texas-based MGA hires transportation underwriting expert.   4 February 2025
Insurance
Dual UK names senior hires; recruits from Allianz, Chubb
Troika of new names fill underwriting, distribution roles.   4 February 2025
Insurance
Miller to acquire reinsurance broker AHJ
Acquisition of specialist broker significantly accelerates Miller’s reinsurance build-out.   3 February 2025
Insurance
MGAs can grow with to-date partners, struggle for new deals: AM Best
Only 13% of carriers will consider expanding their MGA stable; major vetting required.   3 February 2025
Insurance
Gallagher Bassett lands marine claims specialist WK Webster
Deal will expand Gallagher Bassett's specialty offerings.   3 February 2025

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