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Reinsurers on the hook for just 3% of LA wildfire insurance losses
Reinsurance
Reinsurers on the hook for just 3% of LA wildfire insurance losses
CoreLogic lifts insured loss estimate to $45bn but reinsurers get off lightly.   17 January 2025
BMA licenses Mereo companies
Insurance
BMA licenses Mereo companies
The Brian Duperreault-backed start-up will have a re/insurance arm and an insurance-linked securities SPI.   17 January 2025
IUA to focus on sustainability, cyber risks in 2025
Insurance
IUA to focus on sustainability, cyber risks in 2025
Underwriting association reviews core services for coming year.   17 January 2025
Reinsurance
Gallagher Re draws New Re casualty veteran to bolster EMEA offering
Appointee to boost its international casualty and motor treaty reinsurance capabilities.   17 January 2025
Insurance
Descartes partners with UK insurtech to boost corporate flood risk cover
Descartes will offer up to $70m per policy, covering tangible and intangible losses.   17 January 2025
Reinsurance
CCR Re becomes Arundo Re
The move marks ‘a new chapter in our transformation,’ it says.   17 January 2025
Insurance
Protecdiv takes on full-time CFO
Hires industry veteran to help grow business in Philadelphia, nationwide.   17 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
AXIS Capital forms new specialty insurer
Start-up special purpose insurer Perren Re was also licensed by the BMA.   17 January 2025
Reinsurance
Africa Specialty Risks launches Lloyd’s company in Mauritius
Writing on Lloyd’s paper expected to boost company’s specialist capacity across Africa.   16 January 2025

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