News

Insurance

Pen writes US ports and terminals coverage

Extension means it can now cover every jurisdiction worldwide.   19 February 2025

Reinsurance

Rapid and transparent payment policies prove game-changing in a tough market

“If the parameter is triggered, the client gets paid” Raul Revilla Bernal of Descartes Underwriting tells Miami Reinsurance Today.   10 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

Berkley warms to cooling property lines, could yet up weighting 50%

Property shows an unexpectedly gentle peak; looks better as other lines fade fast.   17 February 2025

Insurance

Essent profit drops by 4.4% as losses jump

Mortgage re/insurer says rise in losses was offset by rise in investment income.   17 February 2025

Insurance

LatAm is open to insurance around crypto, cannabis & high-risk markets: Relm

The Bermuda-based company sees Latin America as a 'strategic opportunity' for growth.   10 February 2025

Insurance

Catastrophe bonds pricing under pressure

Market remains attractive for sponsors and investors: Howden.   13 February 2025

Insurance

California rebuffs State Farm, hints at history of financial neglect

California scolds carrier for zero response to ‘significant’ cut to surplus since 2022.   17 February 2025

Insurance

Lloyd's picks tyro executive for delegated authority

Appointee has been with London Market for 16 months.   13 February 2025

Insurance

Markel moves US D&O underwriting to Bermuda platform

The insurer said the move was part of a broader shake-up of its professional liability offering.   4 February 2025

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