News

Insurance

State Farm General stares at $7.6bn losses from CA wildfires

Sets out fiscal black hole it finds itself in ahead of crunch meeting with California insurance commissioner.   26 February 2025

Insurance

Beazley breaks into European property market in bold expansion move

Beazley looks to further scale in Europe to ‘meet the demand for specialty solutions’.   26 February 2025

Insurance

UK cyber market holds strong despite escalating risks: Miller

Surge in ransomware attacks not offputting for insurers, says Miller analyst.   28 February 2025

Insurance

Former Novae CEO joins Aventum as non-executive chairman

The executive has 35 years’ experience in the Lloyd’s and London market.   27 February 2025

Insurance

NormanMax to acquire parametric flood insurtech FloodFlash

FloodFlash to continue to operate as an MGA and Lloyd's coverholder.   26 February 2025

Insurance

AXA targets mid-market growth in US, UK and Europe to buffer margin

US looks strong; growth could reach further into big commercial lines and E&S.   28 February 2025

Reinsurance

TWIA heads to market mid-year hunting $1.7 billion in reinsurance

Massages its models to cap its needs, going with most forgiving forecasts.   26 February 2025

Insurance

Willis picks US litigation insurance maven

New hire helped pioneer now-standard legal insurance products.   5 February 2025

Insurance

Allianz P&C combined ratio stays flat in 2024 as insurer plans $2.2bn share buyback

Lower nat cat losses and gains, offset by reduced run-off, steady P&C loss ratio.   28 February 2025

Insurance

Zurich names Chubb, AIG veteran for key APAC role

The appointee has 20 years of experience across the US, APAC, Australia, and Canada.   27 February 2025

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