Articles

Reinsurance

Munich Re ups profit goal for 2025 despite P&C Re margin slippage

Global specialty may be the darling for 2025; growth looks strong, margins will tighten.   26 February 2025

Reinsurance

Munich Re cuts volume 2.4% at 1.1, growth held to motor casualty

Despite hesitant volumes, the market remains ‘very attractive’ with pricing off just 0.6%.   26 February 2025

Insurance

NormanMax to acquire parametric flood insurtech FloodFlash

FloodFlash to continue to operate as an MGA and Lloyd's coverholder.   26 February 2025

Insurance

Markel bolsters marine hull and war leadership

The new hire will spearhead its marine hull and war underwriting strategy in Singapore.   26 February 2025

Insurance

SiriusPoint picks EY veteran to lead actuarial pricing team

Appointee will lead Bermuda-based re/insurer’s global pricing.   26 February 2025

Insurance

State Farm General stares at $7.6bn losses from CA wildfires

Sets out fiscal black hole it finds itself in ahead of crunch meeting with California insurance commissioner.   26 February 2025

Insurance

Lancashire CEO joins Beat-backed Brace Underwriting’s board

Brace eyes US expansion while strengthening position in Lloyd’s & Europe.   25 February 2025

Insurance

QBE expects losses around $200m from California wildfires

Australian re/insurer sees 2024 profits rise by 31% to $1.8bn.   21 February 2025

Insurance

Fidelis swings to Q4 loss on hurricane hit and Russia-Ukraine charge

The insurer had added $287.2m to its loss reserves related to the war.   26 February 2025

Insurance

AIG appoints AI expert to board of directors

The Salesforce and former UPS executive will aid the company’s digital transformation.   21 February 2025

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