News

Insurance

Wind and hail blow Allstate pre-tax cat losses in May to $777m

Q2 weather has been forgiving: pre-tax cat loss for May 2024 was double that.   18 June 2025

Insurance

Tokio Marine plucks Liberty Mutual leader as US P&C boss

Executive brings more than two decades of experience to the role.   18 June 2025

Reinsurance

Guy Carpenter teams up with reinsurers to disrupt SME employee-ownership

Reinsurance broker partners with employee-ownership platform to help workers buy firms.   18 June 2025

Insurance

Liberty Specialty overhauls underwriting leadership for faster decision-making

LSM said delegated authority will be evolving to better address market trends.   18 June 2025

Insurance

McGill charges up battery energy storage cover

Policy meets unique needs of battery energy storage systems, says broker.   18 June 2025

Insurance

AIG enjoys rating upgrade on P&C strength

Moody’s cited healthy profitability and sound balance sheet, while shifting its outlook to stable.   18 June 2025

Insurance

Atec makes first acquisition since private equity backing

Buys SME insurance specialist as it embarks on M&A hunt.   18 June 2025

Reinsurance

Air India plane crash ‘will harden aviation reinsurance market’

Insured loss could reach $475m, Air India insurer tells Bloomberg.   17 June 2025

Reinsurance

Kin boosts Florida reinsurance cover by nearly one third

More than 40 reinsurers sign up to Kin reinsurance programme at mid-year renewals.   17 June 2025

Alternative Risk Transfer

Schroders hits $6.5bn in ILS, including $3.9bn in core cat bond fund

Old-school all-modelled fund ends up 75% allocated to North American tropical cyclone.   17 June 2025

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