Articles

Insurance

Travelers faces $1.7bn loss from California wildfires

Estimated assessments from California FAIR Plan and reinsurance recoveries included.   11 February 2025

Insurance

CA FAIR Plan pays out more than $700m to homeowners

Nearing $900m attachment point, triggering reinsurance.   10 February 2025

Insurance

Four top cat modellers file for California wildfire model approval

The race for model approval began as insurance pricing reform took effect January 1.   3 February 2025

Reinsurance

LAUNCHING TODAY: a newsletter for Miami Reinsurance Week

Miami Reinsurance Week has developed into a key event for risk-transfer professionals doing business in Latin America. It now has its own newsletter, thanks to Intelligent Insurer.   10 February 2025

Insurance

LA wildfires could inflict up to $35bn in losses; new blazes ignite

California's state fire agency has reported two new fires; Hughes and Sepulveda.   23 January 2025

Insurance

Mercury General faces $1.7bn LA wildfire losses

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

Reinsurance

California rounds out reforms, adds reinsurance costs to rates

The cat modelling and reinsurance inclusions incentivize growth in wildfire zones.   6 January 2025

Reinsurance

Property cat and specialty rates fell at 1/1, US casualty splits reinsurers: Gallagher Re

US casualty saw constrained capacity despite market improvement.   2 January 2025

Insurance

McGill unveils unique digital follow form broker facility at Lloyd’s

It is led by a Beazley syndicate, with backing from Canopius, Munich Re Specialty, and more.   5 December 2024

Insurance

WTW targets mid to high single digit organic growth in 3Y plan

Progress of MGA Verita could speak to further WTW delegated authority investments.   4 December 2024

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