Articles

Reinsurance

SCOR will likely blow Q1 nat cat budget on California wildfire

But fires could put paid to property cat softening, maybe press on ILS and retro.   4 February 2025

Insurance

Carrow appoints underwriter

MGA focuses on warranty, accident & health, income and payment protection.   5 February 2025

Insurance

State Farm homeowner customers face 22% premium hike

California's largest insurer seeks rate increase to shore up capital.   4 February 2025

Insurance

Secondary market cat bonds down by up to 20%: AM Best

Exposure to California wildfire losses drive value of cat bonds down, says ratings agency.   6 February 2025

Reinsurance

SCOR grows 9.6% at 1.1, focuses growth on specialty and alt-solutions

Retrocession moves and shifting business mix should deliver stable margin on 1.1 book.   4 February 2025

Reinsurance

Cyber re/insurers need to solve risks posed by third party IT vendors

Ariel Re’s head of cyber said the CrowdStrike outage demonstrated global vulnerability to systemic events.   30 January 2025

Risk Management

IDF picks Swiss Re disaster expert to chair operating committee

Incoming chair brings wealth of leadership experience in the public/private partnership space.   31 January 2025

Insurance

MGAA picks new Next Gen chair

Committee represents, supports young MGA professionals.   28 January 2025

Insurance

AM Best affirms James River Group A- financial strength rating

But ratings agency AM Best maintains negative outlook for insurer, suggests further downward rating pressure.   4 February 2025

Insurance

Mercury General faces $1.7bn LA wildfire losses

State Farm pays out half a billion dollars in claims.   28 January 2025

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