Articles

Insurance

Los Angeles wildfires could cost insurers up to $10bn: JPMorgan

Arch Capital and RenaissanceRe are most exposed reinsurers, says US bank.   9 January 2025

Insurance

Ryan Specialty to acquire cat MGA Velocity Risk for $525m, excluding E&S carrier

Commercial property insurer FM to acquire E&S carrier Velocity Specialty Insurance.   8 January 2025

Reinsurance

Gallagher elevates new MD to C-suite to bolster India broking business

Appointee, who has over 35 years experience, will lead 180-member team across offices.   15 January 2025

Reinsurance

CCR Re nabs former SCOR actuary to strengthen underwriting

The company seeks to strengthen its presence in the French life market.   7 January 2025

Insurance

US P&C growth to slow in 2025; profits remain stable despite uncertainties: Swiss Re

Industry combined ratio to hold at 98.5% in 2025 before edging up to 99% in 2026.   15 January 2025

Reinsurance

Ascot plucks Everest VP for key US partnership engagement role

Appointee will team up with the US group to boost specialty insurance solutions.   6 January 2025

Reinsurance

FERMA calls for focus on economic security, net-zero & cyber resilience

Federation sets out how reinsurance can help Polish presidency deliver on its ambitions.   15 January 2025

Reinsurance

Lockton Re eyes international P&C growth with senior Aon/Ascot hires

Senior brokers bring experience in casualty, treaty and financial lines market.   14 January 2025

Reinsurance

Earnings hit looms for re/insurers amid escalating wildfire losses: Fitch

Losses could pressure weaker capitalised companies and increase reinsurance costs.   14 January 2025

Reinsurance

American Overseas’ quarterly profit drops on tax bill

The Bermuda-based company’s nine-month profit was up 25%.   6 January 2025

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