News

Insurance

Average adjuster association names Asia Pacific grandee as incoming chair

The outgoing chair was first woman to hold the position since the AAA was established.   12 May 2025

Insurance

Chubb feels heat: California wildfires burn fat off Q1 P&C margins

P&C combined ratio pushed up to worst reading since Covid pandemic losses.   23 April 2025

Insurance

Rokstone adds another Convex executive to new UK, Ireland casualty team

Latest hire comes after divisional head joined from Convex last week.   12 May 2025

Reinsurance

Wildfires won’t derail Europe’s reinsurers’ 2025 run: Fitch Ratings

Big Four reinsurers on track to meet 2025 targets, despite Q1 large losses and shaky outlook for the year.   20 May 2025

Insurance

DUAL Europe drops anchor in Germany in major marine expansion move

The new hub reflects DUAL'S plans for further growth in marine.   14 April 2025

Insurance

Marine hull awash in capacity, pushing rates to ‘inadequate’: AJ Gallagher

Marine underwriters face a one-two punch of softening rates, claims inflation.   14 April 2025

Insurance

Former insurtech unicorn wefox offloads Italian businesses

Sale to US private equity firm J.C Flowers ends wefox’s ‘profound’ restructuring.   13 May 2025

Insurance

Southern Marine unveils new facility amid pressure on catastrophe capacity

It offers excess stock capacity with a $20m limit per conveyance and location.   10 April 2025

Reinsurance

Rokstone lures Convex leader to launch UK & Ireland casualty division

The executive has held senior positions at AXA XL, XL Catlin and Liberty Mutual.   8 May 2025

Insurance

Mapfre launches AI manifesto, putting customers at heart of strategy

Seven out of ten Mapfre Spanish customers have already interacted with AI.   7 May 2025

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