News

Insurance

Gallagher promotes insider to spearhead energy transition efforts

New energy transition head to deliver risk and insurance advice for clients in the space.   2 May 2025

Reinsurance

AXIS net income cut in half but operating profit edges up

Re/insurer saw growth in excess & surplus lines while catastrophe losses were limited.   1 May 2025

Reinsurance

Bermuda re/insurers to pay $10bn for LA wildfires

Total demonstrates Bermuda’s importance in supplying risk capacity to US.   2 May 2025

Insurance

Willis strengthens real estate team across England

Broker appoints new directors in London; names executive director in Manchester.   28 April 2025

Reinsurance

Talcott strikes $10bn reinsurance deal with MetLife

Transaction comes hot on the heels of major Japanese reinsurance deal.   1 May 2025

Reinsurance

Rates slip but are more than adequate: Lancashire

Re/insurer’s GWP rose by 12.7% while reinsurance premiums jumped 20.7%.   1 May 2025

Insurance

US commercial insurance rates down in March, led by auto & property

Growth rates fall hard for a third straight month, slowing nearly all subclasses.   23 April 2025

Reinsurance

Maiden shareholders approve Kestrel merger

The merger is expected to close by the end of June.   1 May 2025

Insurance

Allstate battered by wind and hail in March, triggers aggregate treaty

Bad weather costs US insurer $1bn in cat losses, heaped on top of January wildfires.   22 April 2025

Insurance

Rising cost of US wholesale excess & umbrella pushing insureds out of market

Enduring double-digit price gains push insureds to captives, high self-retentions.   28 April 2025

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