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Lloyd’s expects $2.3bn hit from California wildfires
Insurance
Lloyd’s expects $2.3bn hit from California wildfires
Preliminary 2024 profits down, combined ratio rises 3%.   10 March 2025
RenaissanceRe launches $340m EU-compliant property cat fund
Reinsurance
RenaissanceRe launches $340m EU-compliant property cat fund
Fund opens up cat bond investment to smaller European investors.   6 March 2025
Third-party cyber risk driving ‘unprecedented’ insurance losses: Resilience
Technology
Third-party cyber risk driving ‘unprecedented’ insurance losses: Resilience
Ransomware remains top loss driver, accounting for six out of ten claims in 2024.   3 March 2025
Insurance
Seven takeaways from the Bermuda Risk Summit
What we learned in Bermuda.   13 March 2025
Reinsurance
AXIS Capital plucks Swiss Re veteran for US reinsurance role
The appointee will drive US ceded reinsurance strategy and execution.   10 February 2025
Insurance
Vantage edges closer to underwriting profit: AM Best
Bermuda-based re/insurer posted operating profits in 2023 and 2024.   3 March 2025
Reinsurance
Non-cat collateralised reinsurer Specialty Risk Re nabs $50m funding
24 February 2025
Reinsurance
IGI records record net income for year
Specialty re/insurer says reinsurance and investment returns drove annual profit.   26 February 2025
Reinsurance
Space weather insured losses manageable, despite total bill running into trillions
Re/insurers would be overwhelmed by $4.2tr economic cost though, Lloyd’s panel told.   5 March 2025
Insurance
Analysis: Life/annuity sidecars are growing rapidly
AM Best said the vehicles enable life insurers to improve their risk capitalisation.   27 February 2025

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