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California issues moratorium after Los Angeles wildfire emergency
Insurance
California issues moratorium after Los Angeles wildfire emergency
Insurers barred from cancelling or non-renewing residential insurance for wildfire risk.   13 January 2025
California moves to bolster FAIR Plan with debt; members to pony up
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
Ares raises $2.3bn for life re/insurer Aspida
Insurance
Ares raises $2.3bn for life re/insurer Aspida
Aspida said it has also raised $700m in credit facilities.   13 January 2025
Insurance
Core Specialty to acquire London Aviation Underwriters
The deal is part of its goal of becoming a ‘leading specialty insurer’.   9 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
Insurance
Hiscox hires C-suite exec from AXA who is no stranger to the firm
The executive rejoins Hiscox after five years as AXA UK & Ireland’s chief operating officer.   9 January 2025
Technology
WTW launches Asia cyber insurance facility
Cyber facility targets insurers in Singapore and Hong Kong.   13 January 2025
Insurance
Insured losses from nat cats in 2024 ~50% higher than 10-year average: Munich Re
Non-peak perils are increasingly fuelling the trend of rising losses, the reinsurer warns.   9 January 2025
Reinsurance
Bermuda general election called
The ruling PLP promises tax cuts ahead of the poll.   9 January 2025
Reinsurance
Helix launches US subsidiary
The MGA said the US platform will offer excess property insurance.   8 January 2025

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