News

Insurance

Mitigation must be ‘priority’ as nat cat insured losses top $135bn in 2024: Swiss Re warns

The US drove two-thirds of global insured losses, fuelled by Helene and Milton.   5 December 2024

Insurance

Moody’s tips Lloyd’s for more strong earnings, warns on casualty reserves

Its strong earnings are driven by favourable market conditions and investment returns.   11 December 2024

Insurance

Talanx ups growth forecast, eyes 30% bottom-line increase by 2027

LatAm assets taken from Liberty Mutual highlight to-date outperformance & growth outlook.   11 December 2024

Reinsurance

AXA partners with airline to unveil flight delay parametric product

The offering incentivises eligible travellers for flight delays of 90 minutes or more.   10 December 2024

Reinsurance

Florida’s Citizens looks hungry for rate relief on ‘25 reinsurance

Gallagher Re on the hot seat; talk of flat renewals triggered calls to switch brokers.   5 December 2024

Insurance

W&I insurance hits ‘record uptake’ in H1 2024: HWF

Appetite in South America has led to W&I policy placements in Chile, Peru, and Uruguay.   9 December 2024

Reinsurance

Brazil eyes ILS growth as IRB Re-backed provider secures greenlight

Andrina will be the first insurance-linked securities structure in Brazil.   9 December 2024

Insurance

K2 International unveils box at Lloyd’s

Three divisions of K2 International will be represented, with underwriters engaging brokers.   9 December 2024

Insurance

Howden lures Swiss Re veteran to lead global surety business

The executive will be responsible for leading Howden’s new global surety practice.   4 December 2024

Alternative Risk Transfer

Cat bond funds advanced throughout November, up 12.6% YTD

Since Hurricane Ian, the only blips for funds were post-Milton and briefly in May.   9 December 2024

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