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Fidelis adds $287m to loss reserves for Russia aviation case
Insurance
Fidelis adds $287m to loss reserves for Russia aviation case
Reserves relate to a recently concluded $3.5bn case over stranded airliners.   20 February 2025
Aegon bounces back to $707m full year profit
Reinsurance
Aegon bounces back to $707m full year profit
The long-term re/insurer saw its US business grow despite net impairments.   20 February 2025
TWIA may face 32% increase in reinsurance limit purchase in 2025
Reinsurance
TWIA may face 32% increase in reinsurance limit purchase in 2025
Increase comes on a low double-digit rise in model PMLs and a hope to cut retentions.   20 February 2025
Reinsurance
Volante Global nabs Lloyd's veteran for newly created role
Reinsurance maven brings decades of London Market experience.   20 February 2025
Insurance
Allstate sees $1.1bn net wildfire loss after $1.4bn reinsurance cover
Allstate also pencilled in a payment for the California residual insurer FAIR Plan.   20 February 2025
Reinsurance
Cats kill Conduit's CoR target in 2024, California did it for 2025
Conduit’s estimated California wildfire losses far exceed even its 1:250 peak peril PMLs.   19 February 2025
Insurance
Apollo takes flight with new drone liability cover
Targets the drone community with hobby, commercial and non-standard policies.   19 February 2025
Reinsurance
AXA XL taps IFL specialist to lead European region
Appointee moves across from Asia Pacific & Europe business unit.   19 February 2025
Reinsurance
SiriusPoint brings end to ‘reshaping’ of company
Re/insurer says $21m fourth quarter loss was due to one-off items.   19 February 2025
Insurance
Lockton taps own ranks for new UAE retail chief
New CEO’s leadership described as ‘key factor’ to company’s growth across MENA.   19 February 2025

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