Articles

Insurance

Hannover Re sees up to €700m California fire loss; retro in play

Wildfire losses blow past the Q1 nat cat budget, but 2025 profit targets stay safe.   6 February 2025

Insurance

Secondary market cat bonds down by up to 20%: AM Best

Exposure to California wildfire losses drive value of cat bonds down, says ratings agency.   6 February 2025

Reinsurance

Hannover Re ups treaty 7.6% at 1.1; adds nat cat, holds US liability

Demand rose less than hoped at renewals but rising supply remained disciplined.   6 February 2025

Insurance

Most Americans decry the lawyer tactics increasing insurance costs: survey

'Nuclear' jury awards, third-party litigation funding and jury anchoring all driving up cost of insurance.   6 February 2025

Insurance

AXIS Capital promotes veteran to bolster US primary casualty

Executive to steer portfolio strategy through broker partnerships and customer service.   6 February 2025

Reinsurance

WTW plots pliant reinsurance re-launch, can adjust outlays on the fly

Ramp up after launch adjusts ‘based on the size of the opportunity we'll see’.   5 February 2025

Insurance

Willis picks US litigation insurance maven

New hire helped pioneer now-standard legal insurance products.   5 February 2025

Insurance

Global softening deepens; only troubled US casualty left as buoy: Marsh

Marsh Global Index major moves: US property, global cyber, select FinPro.   5 February 2025

Insurance

Chubb promotes from within to boost global casualty

Re/insurer says it aims to strengthen its position as a market leader.   5 February 2025

Insurance

Hanover Insurance Group can bring back growth in 2025 after cat de-risking

California wildfire losses below $40m pose no threat to reduced cat targets.   5 February 2025

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