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$1bn non-US cat events rack up $18.2bn losses for insurers in 2024: CRESTA
Insurance
Unusually, 78% of the total industry loss figure was due to flood events.   2 January 2025
Fidelis issues $375m of cat bonds through Herbie Re
Reinsurance
The cat bonds will cover US named storm and earthquake losses.   2 January 2025
 Lockton Re reveals new US segment for programmes and MGAs
Reinsurance
The segment leverages Lockton Re's analytics and modelling capabilities for solutions.   23 December 2024
Reinsurance
A 20% rise in profit targets contrasts sharply with 1/1 rate declines up to 15%.   20 December 2024
Reinsurance
The SEC found 28 bones to pick with Brookfield over financial reporting shortcomings.   20 December 2024
Technology
It will provide data on flash, river and coastal flooding as well as rising sea levels.   20 December 2024
Reinsurance
Swiss Re: role of insurance becomes more important as uncertainty rises.   19 December 2024
Insurance
The three 2024 European floods have caused over €7bn in losses, second to the Bernd floods.   19 December 2024
Reinsurance
The Baltimore Bridge made for ‘challenging’ renewal talks, but the final deal ‘fair’ to all.   18 December 2024
Reinsurance
AM Best expects it to generate solid combined ratios, backed by ‘favourable market conditions’.   18 December 2024

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