News

Insurance

PIB buys MGA with ‘strong foothold’ in Australia and US

PIB CEO hails ‘milestone’ deal to expand its MGA business into international markets.   10 March 2025

Insurance

US commercial property rate drops for second time within two months: Ivans

Recent market darling knocked off its perch as fastest hardening segment.   5 March 2025

Reinsurance

RenaissanceRe launches $340m EU-compliant property cat fund

Fund opens up cat bond investment to smaller European investors.   6 March 2025

Reinsurance

SCOR suffers Q4 margin decline on cats, salvages full year profit

SCOR puts California wildfire losses at €140m Q1; Milton marred Q4 tally.   5 March 2025

Reinsurance

Daniel Loeb to sell SiriusPoint shares

Share buyback would have pushed hedge fund manager’s shareholding above 10%.   27 February 2025

Technology

Insurtech Previsco grabs fresh funding to drive US expansion

Flood-related hazards in the US cause billions of dollars in damage annually.   7 March 2025

Insurance

Analysis: Private equity owned insurers are here to stay

Moody’s says the approach makes sense for annuity re/insurers, but risk management is critical.   6 March 2025

Reinsurance

Acrisure Re prepares for ‘more sophisticated’ Lloyd’s FAL market

The broker has expanded its corporate advisory and exposure management capabilities.   6 March 2025

Reinsurance

Space weather insured losses manageable, despite total bill running into trillions

Re/insurers would be overwhelmed by $4.2tr economic cost though, Lloyd’s panel told.   5 March 2025

Insurance

Californians increasingly turn to surplus market for homeowner coverage

California E&S goes from being ‘hard-to-place’ covers to admitted market castaways.   6 March 2025

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