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Top California losses due in HNW; watch varied reinsurance cover
Insurance
Carriers appear to face the wildfire outburst with widely varying cat treaty retentions.   24 January 2025
Axis Capital claims massive step-up in liability rate Q4
Insurance
Rate rose 29% year-on-year in primary layers, 18% in excess as Axis pushed on rate, cut laggards.   30 January 2025
Chubb suffers estimated $1.5bn losses on California wildfires
Insurance
The sum misses Chubb’s all-perils reinsurance retention, but other treaty may be in play.   29 January 2025
Reinsurance
Berkley CEO says US specialty group will ‘ride that property horse as long as we can’.   28 January 2025
Insurance
It is led by the chair of Itasca Re, who previously served 19 years at RenaissanceRe.   30 January 2025
Insurance
State Farm pays out half a billion dollars in claims.   28 January 2025
Alternative Risk Transfer
Profit-taking in a rising market exceeds collateral release in driving flows, RenRe says.   29 January 2025
Alternative Risk Transfer
The new company will handle ILS transformer transactions exclusively for clients.   29 January 2025
Insurance
MGT Specialty offers customised solutions for unique, hard-to-place risks.   27 January 2025
Reinsurance
The team will drive product and distribution innovation, responding to emerging trends.   27 January 2025

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