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Insured losses from nat cats in 2024 ~50% higher than 10-year average: Munich Re
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
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
SiriusPoint shares jump after $733m buyback agreement
Reinsurance
SiriusPoint shares jump after $733m buyback agreement
Investors responded positively to the news of SiriusPoint repurchasing all common shares from CM Bermuda.   3 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
Insurance
LMA lauds Neal’s leadership in tackling longstanding Lloyd’s issues
John Neal has decided to exit Lloyd’s following six years as CEO.   9 January 2025
Reinsurance
Everest CEO Andrade leaves to head USAA
The re/insurer will be led by acting CEO Jim Williamson.   9 January 2025
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
Reinsurance
Africa Specialty launches $21m Lloyd’s consortium for Africa-centric risks
The consortium is expected to aid syndicates entering Africa and developing markets.   9 January 2025
Reinsurance
Bermuda general election called
The ruling PLP promises tax cuts ahead of the poll.   9 January 2025
Reinsurance
SiriusPoint strikes major $733m stock deal
CEO Egan expects the deal to boost its return on equity and book value per share.   2 January 2025

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