News

Insurance

Reinsurance covers bulk of Mercury General California wildfire loss

US-based multiple-line insurer Mercury General Corporation will pass on most of the expected $253 million losses from the Camp and Woolsey wildfires in California to reinsurers.   28 November 2018

Insurance

Ryan Specialty to acquire cat MGA Velocity Risk for $525m, excluding E&S carrier

Commercial property insurer FM to acquire E&S carrier Velocity Specialty Insurance.   8 January 2025

Insurance

Sompo International taps Sanlam CEO as chief risk officer

The executive has worked in a variety of roles at AIG and SCOR.   20 July 2023

Insurance

JBA upgrades global flood model with better climate data and faster processing

New CMIP6 event sets and exposure tools sharpen flood risk insights.   24 March 2026

Technology

Duck Creek targets Lloyd’s certification in London Market push

Expanded multi-country platform aims to help insurers scale globally.   11 June 2026

Insurance

Mindanao earthquake to test Philippine insurers: AM Best

Low penetration expected to limit insured losses, despite major damage.   10 June 2026

Insurance

MGU Fidelis secures $2bn refinancing deal to fund growing GWP

It plans to expand its presence and grow its Pine Walk MGA platform to over $1 billion in GWP by 2025.   23 September 2024

Insurance

SiriusPoint strengthens European MGA play, grows marine book with DUPI

Expansion part of SiriusPoint’s push into specialist underwriting across Europe.   19 June 2025

Reinsurance

QBE Asia pushes deeper into fac reinsurance with Guy Carpenter veteran

With nearly 30 years’ experience, appointee will drive growth in Japan and Asia.   19 March 2025

Insurance

Insurers must do more to attract talent: EAIC panel

Many APAC insurers face a staff shortfall in coming years, but there is cause for optimism.   26 September 2024

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