Articles

Reinsurance

Dramatic spike in marine claims, P&I clubs head for losses

Claims in 2024 proved ‘almost in line with heavy years of 2020 and 2021’.   12 March 2025

Insurance

PIB buys MGA with ‘strong foothold’ in Australia and US

PIB CEO hails ‘milestone’ deal to expand its MGA business into international markets.   10 March 2025

Insurance

CRC Group unveils major rebrand and new structure

The business will operate under two divisions: specialty & benefits and underwriting.   6 March 2025

Insurance

New parametric exchange for London market

The ‘first independent parametric exchange’ aims to transform disaster risk finance.   18 March 2025

Reinsurance

Florida’s Citizens seeks $2.9bn at mid-year renewals in bulkier tower

PML target fell 25% year on year but Citizens may add treaty, reduce threat of surcharges.   11 March 2025

Insurance

Marsh plugs in longtime execs to lead global energy and power teams

Broker names duo as global head and chair to lead activity worldwide.   19 March 2025

Insurance

Liberty Mutual offloads Thai, Vietnam P&C businesses to Chubb

Deal will enable US re/insurer to focus on its Asia Pacific portfolio.   3 March 2025

Insurance

Insurer carrier M&A slumped to 16-year low in ’24 – can 2025 spark rebound?

Insurers hunkered down in face of rising costs, global instability.   12 March 2025

Reinsurance

Rokstone signs binder deal with Lloyd’s syndicate to bolster property fac portfolio

MGA gets fresh capacity for international facultative property, power and onshore energy.   18 March 2025

Insurance

Australian insurers receive more than 9,000 cyclone Alfred claims

Thousands more claims are expected over coming days and weeks, says Insurance Council of Australia.   10 March 2025

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