Articles

Insurance

RenaissanceRe eyes $750m possible hit from California wildfire

The group began its calculus from an outlier high estimate of $50bn in industry losses.   29 January 2025

Insurance

Insurance cycle turns in large-cap, still clear in mid-cap: Greenberg

The middle market is opening up for players like Chubb as mutuals & regionals struggle.   29 January 2025

Insurance

Everest claims US casualty reserve one-and-done; mop-up will be rapid

Everest warns clients must pay single fat renewal to meet underwriting standards.   28 January 2025

Insurance

Ryan Specialty lands Zurich, AIG veterans to boost operations

The duo will strengthen its underwriting and international businesses in key roles.   27 January 2025

Insurance

Everest toppled: writes $2bn in US casualty reserves; troubles persist

The revolution rolls on: ‘aggressive’ re-underwriting looks about half done, Everest says.   28 January 2025

Reinsurance

Hiscox makes key board changes

New non-executive directors bring years of experience, in technology, financial services.   27 January 2025

Insurance

Rising capacity spreads through aviation after airline softening

Aviation hull war rates retreated by up to 10% in 2024 after spike from Russian losses.   27 January 2025

Reinsurance

WTW enters Saudi reinsurance market with Chedid Re hire

The move follows its 2024 licence to operate as an insurance broker in Saudi Arabia.   20 January 2025

Reinsurance

Travelers renews property cat 1.1 with limit flat at $8bn

Property cat treaty shifted to higher layers; casualty treaty moved lower.   23 January 2025

Reinsurance

LA wildfires may cost European reinsurers 30% of cat budgets: Fitch

Budget cost could near 40% if insured losses hit $45bn.   23 January 2025

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