News

Reinsurance

Non-cat collateralised reinsurer Specialty Risk Re nabs $50m funding

24 February 2025

Reinsurance

California’s CEA slashed treaty again to $2.4bn, down 12% at 1.1

Next tranche of $1.1bn comes up on April 1, first salvo of $2.1bn in maturing treaty.   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

Insurance

Tokio Marine TMHCCI taps new leader to spearhead growth in marine and energy

Marine and energy liability is a ‘key market’ for the carrier, it says.   6 March 2025

Insurance

Tysers ups marine veteran to expand its cargo business

Veteran specialises in developing cover for cargo and stock throughput risks.   3 March 2025

Insurance

Beazley vows mid-single digit growth in softening 2025 market

Runaway growth still possible in ‘quite unstable’ market, says re/insurer.   4 March 2025

Insurance

California okays FAIR Plan to borrow for quick claims settlement

State hopes to delay any member assessments that can be put straight to rate.   6 March 2025

Insurance

Alleged crypto deposit insurer put on warning list

A company which claimed to be setting up in Bermuda is not licensed by the island’s Monetary Authority.   6 March 2025

Reinsurance

Lancashire growth will slow to low single digits amid rate softening

Specialty reinsurance could offer above-par growth opportunities for 2025.   6 March 2025

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