News

Insurance

Lloyd's on track to surpass 2023 premium total

Confident about beating 2023's £52bn earned premiums.   24 January 2025

Insurance

Milestone acquisitions and global expansion: ASIC’s year of progress

AM Specialty Insurance Company’s CEO Shevawn Barder reflects on major achievements and is ready for more.   23 January 2025

Insurance

No change in underwriting focus at Lloyd’s post Neal’s exit: S&P Global

Ratings agency downplays any effect of departure of Lloyd’s CEO.   10 January 2025

Insurance

Los Angeles wildfires may have already cost up to $30bn in losses

Analysts believe current California wildfires are a 1-in-30 or 1-in-20-year event.   16 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

Enstar’s Lloyd’s syndicate strikes $196m LPT deal with Atrium

Atrium’s syndicate will cede net loss reserves to Enstar’s syndicate.   15 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

Insurance

LA wildfires threaten insurers’ budgets as losses mount to historic highs

Insured losses could hit up to $20bn, early estimates reveal.   10 January 2025

Insurance

Insured losses from nat cats in 2024 ~50% higher than 10-year average: Munich Re

Non-peak perils are increasingly fuelling the trend of rising losses, the reinsurer warns.   9 January 2025

Insurance

Incline P&C shuffles C-suite to bolster operations

Appointments to support innovation and growth in insurance programme market.   7 January 2025

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