Articles

Insurance

Lloyd’s expects $2.3bn hit from California wildfires

Preliminary 2024 profits down, combined ratio rises 3%.   10 March 2025

Reinsurance

Fitch raises Mapfre outlook, predicts strong 2025

Mapfre hailed its 2024 results as ‘best in the company’s history’.   7 March 2025

Reinsurance

Lancashire growth will slow to low single digits amid rate softening

Specialty reinsurance could offer above-par growth opportunities for 2025.   6 March 2025

Reinsurance

Swiss Re 1.1 and still not done: wants more property, less casualty

Property accounted for over 75% of 1.1 growth and Swiss has ‘a lot of appetite’ left.   28 February 2025

Reinsurance

Swiss Re eyes wildfire hit at up to $700m, appetite undeterred

28 February 2025

Insurance

Gallagher Bassett makes leadership hire to boost legal strategy

The hire has 15 years of experience and joins GB from CNA Hardy.   7 March 2025

Reinsurance

California’s CEA slashed treaty again to $2.4bn, down 12% at 1.1

Next tranche of $1.1bn comes up on April 1, first salvo of $2.1bn in maturing treaty.   6 March 2025

Reinsurance

Swiss Re P&C profit slumps 20% as casualty reserving strain takes toll

Liability reserve strengthening means P&C overshot 87% COR target.   27 February 2025

Reinsurance

Swiss Re grows at 1.1 as it piles into non-cat property at expense of casualty

Non-cat property added 4 pts to book weighting on 28% growth to balance US casualty cuts.   27 February 2025

Reinsurance

Acrisure Re prepares for ‘more sophisticated’ Lloyd’s FAL market

The broker has expanded its corporate advisory and exposure management capabilities.   6 March 2025

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