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Cats kill Conduit's CoR target in 2024, California did it for 2025
Reinsurance
Cats kill Conduit's CoR target in 2024, California did it for 2025
Conduit’s estimated California wildfire losses far exceed even its 1:250 peak peril PMLs.   19 February 2025
Lancashire expects wildfire losses to be up to $165m
Reinsurance
Lancashire expects wildfire losses to be up to $165m
Re/insurer says the losses are within modelled loss ranges.   13 February 2025
Palomar Q4 profit soars by 35%
Reinsurance
Palomar Q4 profit soars by 35%
California re/insurer says annual profits rose by 48%.   13 February 2025
Insurance
Agency produces payment deadlines or CIT
Companies will have to pay 90% of tax prior to year end, according to consultation paper.   20 February 2025
Reinsurance
AXA XL taps IFL specialist to lead European region
Appointee moves across from Asia Pacific & Europe business unit.   19 February 2025
Insurance
Apollo takes flight with new drone liability cover
Targets the drone community with hobby, commercial and non-standard policies.   19 February 2025
Insurance
Most Americans decry the lawyer tactics increasing insurance costs: survey
'Nuclear' jury awards, third-party litigation funding and jury anchoring all driving up cost of insurance.   6 February 2025
Insurance
Global insurtech funding sinks in 2024 with ‘sharp turn of events’ in Q4
But AI-focused insurtechs still made up over one third of deals last year.   17 February 2025
Reinsurance
Uncertainty surrounds Bermuda deferred tax assets
Re/insurers are ‘waiting and seeing’ following OECD guidance.   13 February 2025
Reinsurance
IQUW expands marine portfolio with new offer led by ex-Markel talent
Former Markel underwriter to grow a global ports and terminals book.   18 February 2025

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