Articles

Insurance

Ares raises $2.3bn for life re/insurer Aspida

Aspida said it has also raised $700m in credit facilities.   13 January 2025

Insurance

Los Angeles wildfire losses to hit primary market hardest

European conglomerates AXA XL and Zurich may have commercial lines exposure.   13 January 2025

Insurance

Insured losses from nat cats in 2024 ~50% higher than 10-year average: Munich Re

Non-peak perils are increasingly fuelling the trend of rising losses, the reinsurer warns.   9 January 2025

Insurance

McGill taps BMS talent to strengthen treaty reinsurance team

Appointee will work on post-placement activities, specifically in accounting and claims.   17 January 2025

Reinsurance

VIG Re bolsters C-suite with new COO and CFO

C-suite executives to drive reinsurer’s digital transformation and finance operations.   10 January 2025

Insurance

Space coverage stabilises after losses; rate softening possible

Market now ‘fully tested’ with ‘most – but not all’ players back in trade: Gallagher.   14 January 2025

Reinsurance

Munich Re appoints 23-year veteran to specialty reinsurance Lloyd's & Bermuda CEO

The appointee will lead global marine, aviation, contingency, and agriculture business.   8 January 2025

Insurance

PIB Group nabs Aon veteran to build Europe business

Appointee joins the broker after 22 years at Aon Germany.   14 January 2025

Insurance

Polo launches new reinsurer to target ‘superior returns’ from Lloyd’s

Clockwork Re is a newly established Category 4 commercial general reinsurer in Guernsey.   14 January 2025

Insurance

Transforming insurance from loss remediation to defence system

Insurance is at its most useful not when reacting to devastation, but in helping clients avoid it, says AXA CEO.   17 January 2025

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