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Cat bond issuance hits record $17.7bn
Reinsurance
Cat bond issuance hits record $17.7bn
The overall market is almost $50bn as investment returns remain strong.   7 January 2025
Markel grows Asia Pacific leadership to boost broker relationships
Insurance
Markel grows Asia Pacific leadership to boost broker relationships
New role aims to enhance its links and engagement with broker partners across the region.   7 January 2025
$1bn non-US cat events rack up $18.2bn losses for insurers in 2024: CRESTA
Insurance
$1bn non-US cat events rack up $18.2bn losses for insurers in 2024: CRESTA
Unusually, 78% of the total industry loss figure was due to flood events.   2 January 2025
Insurance
LMA lauds Neal’s leadership in tackling longstanding Lloyd’s issues
John Neal has decided to exit Lloyd’s following six years as CEO.   9 January 2025
Reinsurance
Brown & Brown’s Nexus snaps up Dubai specialty MGA
The deal marks Nexus’ first MGA acquisition since it was acquired by Brown & Brown.   6 January 2025
Insurance
Los Angeles wildfires could cost insurers up to $10bn: JPMorgan
Arch Capital and RenaissanceRe are most exposed reinsurers, says US bank.   9 January 2025
Reinsurance
Fidelis issues $375m of cat bonds through Herbie Re
The cat bonds will cover US named storm and earthquake losses.   2 January 2025
Reinsurance
Pension insurance deals hit £45bn in 2024
The market is expected to be around the same size in 2025, a report said.   7 January 2025
Insurance
Personal lines rate rises by 5.79% in 2024, moderates in Q4: MarketScout
The 2024 full-year rate increase is the highest in 12 years.   7 January 2025
Insurance
QBE issues new $250m cat bond, eyes growth in NA property cat space
It offers collateralised reinsurance protection, and diversifies access to capital.   9 January 2025

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