News

Reinsurance

True to its roots: CargoCorp’s rapid growth is driven by LatAm

A historic rating secured from AM Best was a catalyst for CargoCorp’s rapid growth curve. But Juan Carlos Martinez, its CEO, is clear that the company’s roots remain in Latin America.   13 February 2025

Insurance

Duperreault’s Mereo Insurance launches with plans to grow premiums quickly

Bermuda-based start-up will take advantage of ‘unique investment opportunity’.   11 February 2025

Reinsurance

Palomar Q4 profit soars by 35%

California re/insurer says annual profits rose by 48%.   13 February 2025

Insurance

AM Best affirms James River Group A- financial strength rating

But ratings agency AM Best maintains negative outlook for insurer, suggests further downward rating pressure.   4 February 2025

Insurance

Costa Rica's insurance market projects growth and stability

Premium growth, regulatory strength and stability characterise a ripening market.   13 February 2025

Insurance

Economic and political uncertainty shapes Colombia’s insurance landscape

Colombia’s insurance market grows 10.4 per cent in 2024 – where are the opportunities and risks for reinsurers?   10 February 2025

Insurance

California approves $1bn assessment to keep FAIR Plan afloat

CA FAIR Plan has already accessed $350m worth of reinsurance.   12 February 2025

Reinsurance

Offshore life reinsurance raises counterparty risk: Moody’s

The ratings agency says movement of business offshore is a credit negative for life insurers.   7 February 2025

Insurance

Rising reinsurance cost driving UK premium inflation: Gallagher Bassett

Two thirds of UK and global insurers anticipate market will harden over coming year.   13 February 2025

Insurance

Arch Capital braces for $550m LA wildfire loss

Fourth-quarter group income hits $4.1 billion, exceeding analyst expectations.   11 February 2025

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