Articles

Insurance

Zurich ramps up US middle market with plans for major underwriter hiring spree

Zurich NA is expanding its mid market business, doubling down on strong growth in core P&C book.   26 February 2025

Insurance

NormanMax to acquire parametric flood insurtech FloodFlash

FloodFlash to continue to operate as an MGA and Lloyd's coverholder.   26 February 2025

Reinsurance

TWIA heads to market mid-year hunting $1.7 billion in reinsurance

Massages its models to cap its needs, going with most forgiving forecasts.   26 February 2025

Insurance

State Farm General stares at $7.6bn losses from CA wildfires

Sets out fiscal black hole it finds itself in ahead of crunch meeting with California insurance commissioner.   26 February 2025

Reinsurance

IGI records record net income for year

Specialty re/insurer says reinsurance and investment returns drove annual profit.   26 February 2025

Insurance

PPL upgrades digital contract capability to tackle traditional ‘pain points’

New solution will allow brokers to create and update data-first contracts.   26 February 2025

Reinsurance

Munich Re cuts volume 2.4% at 1.1, growth held to motor casualty

Despite hesitant volumes, the market remains ‘very attractive’ with pricing off just 0.6%.   26 February 2025

Insurance

Casualty market ‘headed for crossroads’ but capacity stays ‘plentiful’

Rate hikes lag behind social inflation but reinsurers push for growth at slim margins.   26 February 2025

Insurance

SiriusPoint picks EY veteran to lead actuarial pricing team

Appointee will lead Bermuda-based re/insurer’s global pricing.   26 February 2025

Insurance

Fidelis swings to Q4 loss on hurricane hit and Russia-Ukraine charge

The insurer had added $287.2m to its loss reserves related to the war.   26 February 2025

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