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Extreme space weather could cost global economy $2.4tr: Lloyd’s
Insurance
Extreme space weather could cost global economy $2.4tr: Lloyd’s
Just one solar storm could cost $17bn, according to latest systemic risk scenario.   4 March 2025
AEGIS London appoints former CEO and president to strengthen board
Insurance
AEGIS London appoints former CEO and president to strengthen board
The executive held the top leadership role at its parent AEGIS in the US.   7 March 2025
AI-driven insurtech secures $27.6m backing from Tesla and SpaceX investors
Technology
AI-driven insurtech secures $27.6m backing from Tesla and SpaceX investors
The funding, led by Sands Capital, aims to accelerate risk prevention.   4 March 2025
Reinsurance
SCOR suffers Q4 margin decline on cats, salvages full year profit
SCOR puts California wildfire losses at €140m Q1; Milton marred Q4 tally.   5 March 2025
Insurance
Beazley vows mid-single digit growth in softening 2025 market
Runaway growth still possible in ‘quite unstable’ market, says re/insurer.   4 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
Pen writes US ports and terminals coverage
Extension means it can now cover every jurisdiction worldwide.   19 February 2025
Technology
Allphins unveils new solution for property reinsurers
The solution seeks to ‘transform’ complex risk data into actionable portfolio intelligence.   5 March 2025
Reinsurance
Non-cat collateralised reinsurer Specialty Risk Re nabs $50m funding
24 February 2025
Insurance
Tysers ups marine veteran to expand its cargo business
Veteran specialises in developing cover for cargo and stock throughput risks.   3 March 2025

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