Articles

Reinsurance

Excess capacity drives loss-free property cat rate cuts at 1/1 renewals: Guy Carpenter

Property cat renewals were ‘oversubscribed’, reinsurer appetite outpaced demand.   2 January 2025

Insurance

Alliant lands Marsh veteran for Alabama expansion

The appointee will lead its entry into the Alabama market and expand its Southeast footprint.   2 January 2025

Reinsurance

Fidelis issues $375m of cat bonds through Herbie Re

The cat bonds will cover US named storm and earthquake losses.   2 January 2025

Reinsurance

Maiden to merge with US specialty programme insurer

Its CEO believes a fee revenue model will best position the combined company for future growth.   3 January 2025

Reinsurance

SiriusPoint strikes major $733m stock deal

CEO Egan expects the deal to boost its return on equity and book value per share.   2 January 2025

Insurance

Acquisition sharpens Aon’s UK and Ireland expansion strategy

Aon has finalised its acquisition of a UK-based insurance broker with ‘complementary’ capabilities.   2 January 2025

Insurance

Davies shakes up top leadership as new strategy takes shape

Global expansion and organic growth plans target £2.5-3.0bn annual revenue by 2030.   3 January 2025

Insurance

ARAG now has its own insurance company

The group has completed integration of DAS UK a year after acquisition.   2 January 2025

Insurance

$1bn non-US cat events rack up $18.2bn losses for insurers in 2024: CRESTA

Unusually, 78% of the total industry loss figure was due to flood events.   2 January 2025

Reinsurance

AXIS will plough freed-up capital into growth post Enstar deal

AXIS eyes $500m in capital relief on LPT, will recoup lost investment gain by year two.   18 December 2024

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