Articles

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

Reinsurance

Rush to E&S may have sacrificed diversification, Cincinnati warns

The E&S boom has handed power to MGAs and wholesalers, narrowed market focus.   10 March 2025

Insurance

Marsh swoops for Italian P&C broker in major expansion move

Acquisition is latest move in Marsh’s growth strategy in Italy.   3 March 2025

Technology

Q4 2024 ransomware attacks hit new record: Travelers

But ransom payouts fell by a third in ’24, as businesses faced down extortion demands.   7 March 2025

Reinsurance

Reinsurance renewals to stay stable, despite California wildfires: Hannover Re

Increased supply puts downward pressure on April 1 pricing, says P&C chief.   13 March 2025

Insurance

QBE eyes market leadership with new European distribution head

New head led QBE Nordics to 4x premium growth and boosted property & liability.   6 March 2025

Insurance

Australian insurers deal with another 10,000 cyclone Alfred claims over weekend

Total claims reach 63,000 but reinsurance pool well placed to cover insured losses, says Guy Carpenter.   17 March 2025

Insurance

Chubb sees big growth opportunity in North America lower mid market

Chubb bets on automation and data to stand out in a digital future.   13 March 2025

Insurance

Gallagher buys D&O retail broker for $1.2bn

Acquisition is latest as US insurance brokerage continues buying spree.   5 March 2025

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