News

Reinsurance

Gallagher Re bolsters Europe risk practice with Munich Re veteran

Appointee joins the broker after a 23-year stint at Munich Re.   21 January 2025

Reinsurance

Natural catastrophe losses of $150bn ‘new normal’: Gallagher Re

Estimated total economic cost of natural disasters was $417bn, says broker.   21 January 2025

Insurance

Generali and BPCE to establish Europe’s largest €1.9tr asset manager

The venture, largest in insurance asset management by AUM, would be valued at about €9.5bn.   21 January 2025

Reinsurance

WTW enters Saudi reinsurance market with Chedid Re hire

The move follows its 2024 licence to operate as an insurance broker in Saudi Arabia.   20 January 2025

Insurance

Trump tax move does not affect CIT, says Bermuda govt

The US has effectively pulled out of the global corporate minimum tax deal, just weeks after Bermuda introduced the Corporation Income Tax.   24 January 2025

Reinsurance

MGU Fidelis Partnership writes private placement on $3.1bn IGPIA treaty

Deal marks IGPIA’s first private placement written in Lloyd’s.   23 January 2025

Reinsurance

LA wildfires may cost European reinsurers 30% of cat budgets: Fitch

Budget cost could near 40% if insured losses hit $45bn.   23 January 2025

Insurance

Winners and highly commended revealed at MENA II Awards 2025

The winners and highly commended entrants for Intelligent Insurer’s MENA II Awards 2025 were unveiled on January 23.   24 January 2025

Reinsurance

Travelers renews property cat 1.1 with limit flat at $8bn

Property cat treaty shifted to higher layers; casualty treaty moved lower.   23 January 2025

Insurance

Ardonagh widens Netherlands offering

Adds two companies focused on Dutch high-net-worth individuals.   24 January 2025

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