Articles

Insurance

Lloyd’s expects $2.3bn hit from California wildfires

Preliminary 2024 profits down, combined ratio rises 3%.   10 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

Reinsurance

RenaissanceRe launches $340m EU-compliant property cat fund

Fund opens up cat bond investment to smaller European investors.   6 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

Reinsurance

Russian aircraft settlements see Greenlight Re shore up reserves

Claims should start flowing up risk ladder right now as deals have been cut.   11 March 2025

Reinsurance

Lockton Re draws Gallagher Re leader to build specialty ‘bench strength’

Senior hire brings experience from Aspen Re, Allianz Re, Chord Re and Wills Re.   10 March 2025

Insurance

Liberty Mutual in shape to go faster in commercial, asserts CEO

Softening rates may match up poorly to stickiness in loss cost trend.   7 March 2025

Reinsurance

Pool Re to explore terrorism cover as standard for SMEs

State-backed reinsurer sees protection gap leaving wider UK economy exposed.   10 March 2025

Insurance

Gallagher pushes close of $13.5bn mega deal for AssuredPartners

US antitrust regulators need more information before deal can close.   10 March 2025

Insurance

Fairfax appoints new finance chief to power growth

The conglomerate has also appointed a chief business officer and CFO India.   10 March 2025

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