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McGill taps BMS talent to strengthen treaty reinsurance team
Insurance
Appointee will work on post-placement activities, specifically in accounting and claims.   17 January 2025
Florida carriers trim reinsurance costs by 1.7% in 2024
Reinsurance
Prices soften for first time in four years; primary carriers take heart.   16 January 2025
Los Angeles wildfires may have already cost up to $30bn in losses
Insurance
Analysts believe current California wildfires are a 1-in-30 or 1-in-20-year event.   16 January 2025
Reinsurance
FEMA ups number of reinsurers covering catastrophic floods from 18 to 27.   16 January 2025
Reinsurance
Appointee joins with experience from Aon and CNA Insurance.   16 January 2025
Insurance
US and Canada already make up 58% of Lloyd’s market premium.   15 January 2025
Insurance
Current chief retiring after 40 plus years at company, 19 years in role.   15 January 2025
Insurance
FAIR Plan CEO suggested in 2024 they couldn't hit their reinsurance attachment points.   15 January 2025
Insurance
Reinsurance streams most affected after insurers reduce direct exposure.   15 January 2025
Insurance
Industry combined ratio to hold at 98.5% in 2025 before edging up to 99% in 2026.   15 January 2025

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