Articles

Insurance

Starr Insurance snags Zurich veteran for key C-suite role

Current chief retiring after 40 plus years at company, 19 years in role.   15 January 2025

Insurance

California FAIR Plan said to face wildfires with just $377m in pocket

FAIR Plan CEO suggested in 2024 they couldn't hit their reinsurance attachment points.   15 January 2025

Insurance

Lloyd’s Market LA wildfire losses ‘manageable’: APCL

Reinsurance streams most affected after insurers reduce direct exposure.   15 January 2025

Insurance

US P&C growth to slow in 2025; profits remain stable despite uncertainties: Swiss Re

Industry combined ratio to hold at 98.5% in 2025 before edging up to 99% in 2026.   15 January 2025

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

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