Articles

Alternative Risk Transfer

RenaissanceRe suffers $540m in net outflows from its ILS stable FY2024

Profit-taking in a rising market exceeds collateral release in driving flows, RenRe says.   29 January 2025

Alternative Risk Transfer

SRS, Jireh launch Bermuda SPI Strata to serve ILS market

The new company will handle ILS transformer transactions exclusively for clients.   29 January 2025

Insurance

Everest claims US casualty reserve one-and-done; mop-up will be rapid

Everest warns clients must pay single fat renewal to meet underwriting standards.   28 January 2025

Reinsurance

Property remains attractive even as tailwinds ease: Berkley

Berkley CEO says US specialty group will ‘ride that property horse as long as we can’.   28 January 2025

Insurance

Everest toppled: writes $2bn in US casualty reserves; troubles persist

The revolution rolls on: ‘aggressive’ re-underwriting looks about half done, Everest says.   28 January 2025

Insurance

Liberty Mutual reveals property cat reinsurance programme for 2025

The US insurer has disclosed its coverage following the recent California wildfires.   28 January 2025

Insurance

Mercury General faces $1.7bn LA wildfire losses

State Farm pays out half a billion dollars in claims.   28 January 2025

Reinsurance

Hiscox makes key board changes

New non-executive directors bring years of experience, in technology, financial services.   27 January 2025

Insurance

Gallagher builds on construction expertise

Hires WTW US construction casualty expert to grow team.   27 January 2025

Reinsurance

MS Amlin unveils new team and business class to boost expansion

The team will drive product and distribution innovation, responding to emerging trends.   27 January 2025

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