Articles

Insurance

Space coverage stabilises after losses; rate softening possible

Market now ‘fully tested’ with ‘most – but not all’ players back in trade: Gallagher.   14 January 2025

Insurance

Hartford Mutual makes slew of C-suite changes

Maryland-based insurer promotes from within and hires top talent from rivals.   14 January 2025

Reinsurance

Northern Re taps Munich Re’s HSB to expand ILS offering

Appointee will focus on advancing ILS, capital solutions, and deal origination.   14 January 2025

Reinsurance

Kettle faces its biggest test in LA wildfires

Parametric re/insurer says re/insurance cost could be higher than $17.5bn   14 January 2025

Reinsurance

Earnings hit looms for re/insurers amid escalating wildfire losses: Fitch

Losses could pressure weaker capitalised companies and increase reinsurance costs.   14 January 2025

Insurance

US commercial property rates will slip Q1 in selective growth drive

Brown & Brown expects ‘moderate to noticeable competition’ for the market’s best risks.   14 January 2025

Technology

Moody’s to buy AI-driven property analytics firm CAPE

Plans to boost existing property analytics offer with AI intelligence.   14 January 2025

Insurance

California issues moratorium after Los Angeles wildfire emergency

Insurers barred from cancelling or non-renewing residential insurance for wildfire risk.   13 January 2025

Insurance

California moves to bolster FAIR Plan with debt; members to pony up

California residual player looks 'unlikely' to afford a major event, lawmakers admit.   13 January 2025

Insurance

Los Angeles wildfire losses to hit primary market hardest

European conglomerates AXA XL and Zurich may have commercial lines exposure.   13 January 2025

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