News

Insurance

Secondary market cat bonds down by up to 20%: AM Best

Exposure to California wildfire losses drive value of cat bonds down, says ratings agency.   6 February 2025

Risk Management

Social inflation, AI among trends insurers need to watch out for in Q1: Gallagher

Shifts in CAT losses, supply chain disruption also affecting commercial insurance.   5 February 2025

Reinsurance

Florida cat fund slips in 2024, faces higher hurdles on major event

The FHCF booked loss reserves of $3.5bn for hurricanes Helene and Milton, well below initial estimates.   3 February 2025

Insurance

Uninsured homes 'biggest risk' facing society, says Europe insurance watchdog

Mounting losses from natural disasters could destabilise banks, Eiopa chair warns   3 February 2025

Insurance

Chubb promotes from within to boost global casualty

Re/insurer says it aims to strengthen its position as a market leader.   5 February 2025

Insurance

Resolution Life unit buys New Zealand life insurer

The Bermuda-based company said Asteron Life will retain its brand.   4 February 2025

Insurance

Everest eyes up to $450m hit on California wildfire to follow Q4 loss

Updated view to Q4 shows $593m net loss, premium decline in primary book.   4 February 2025

Risk Management

Cyber risk & insurance: adapting to the evolving threat landscape

As cyber threats grow in scale and sophistication, insurers and businesses must rethink resilience strategies. How can insurers stay ahead in this rapidly shifting landscape?   4 February 2025

Reinsurance

SCOR snags AIG, ex-Swiss Re aviation specialist for key role

Aviation expert will be part of the reinsurance specialty lines management team.   27 January 2025

Insurance

New Gallagher-backed Florida insurer approved to offer P&C coverage

It is led by the chair of Itasca Re, who previously served 19 years at RenaissanceRe.   30 January 2025

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