News

Insurance

PIB Group expands in Southern Europe with landmark Iberian acquisition

Purchase is most significant deal in Iberian territory to date, says CEO.   20 January 2025

Insurance

Moody’s RMS pegs LA wildfires insured losses at up to $30bn

Moody’s RMS Event Response insured-loss estimate is lower than others   20 January 2025

Insurance

Los Angeles wildfire losses to hit primary market hardest

European conglomerates AXA XL and Zurich may have commercial lines exposure.   13 January 2025

Insurance

Arch Insurance elevates trio in casualty division shake-up

Appointees to combine energy and marine teams and bolster underwriting across sectors.   16 January 2025

Reinsurance

Reinsurer profits to stay strong in 2025: Fitch Ratings

Combined ratios to hover around 90% in 2025.   16 January 2025

Insurance

Zurich NA rolls out specialty unit, function under new three-year plan

New specialty unit encompasses construction, surety, and financial lines.   17 January 2025

News

BMA to propose more transparency over life reinsurers’ investments

The regulator said it would also consider enhancing its treatment of structured products and loans.   20 January 2025

Reinsurance

Northern Re taps Munich Re’s HSB to expand ILS offering

Appointee will focus on advancing ILS, capital solutions, and deal origination.   14 January 2025

Reinsurance

US federal emergency agency turns to reinsurers; transfers $758m in risk

FEMA ups number of reinsurers covering catastrophic floods from 18 to 27.   16 January 2025

Insurance

BHSI taps SCOR veteran to bolster France casualty business

Appointee makes move after 17 years with SCOR.   16 January 2025

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