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CCR Re unveils new 157 Re reinsurance sidecar
Reinsurance
CCR Re unveils new 157 Re reinsurance sidecar
The reinsurer has sponsored a 157 Re sidecar annually since 2019.   8 January 2025
BF&M, Argus merger creates Bermuda’s largest domestic insurer
Reinsurance
BF&M, Argus merger creates Bermuda’s largest domestic insurer
The merger of BF&M and Argus Group has been completed.   7 January 2025
LA wildfires could inflict up to $35bn in losses; new blazes ignite
Insurance
LA wildfires could inflict up to $35bn in losses; new blazes ignite
California's state fire agency has reported two new fires; Hughes and Sepulveda.   23 January 2025
Insurance
Alera lifts ex-Aon/McGriff executive to COO
He was COO of McGriff before joining Alera in 2024 as EVP of national operations.   7 January 2025
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
M&A to rebound in 2025 but buyers stay cautious: Gallagher Specialty
US recovery to be driven by stable rates and ‘more favourable’ regulatory environment.   17 January 2025
Reinsurance
Earnings hit looms for re/insurers amid escalating wildfire losses: Fitch
Losses could pressure weaker capitalised companies and increase reinsurance costs.   14 January 2025
Reinsurance
Kettle faces its biggest test in LA wildfires
Parametric re/insurer says re/insurance cost could be higher than $17.5bn   14 January 2025
Insurance
AXA XL launches wage & hour policy
The insurer’s Bermuda office is targeting US mid-sized companies.   17 January 2025
Reinsurance
VIG Re bolsters C-suite with new COO and CFO
C-suite executives to drive reinsurer’s digital transformation and finance operations.   10 January 2025

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