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California FAIR Plan said to face wildfires with just $377m in pocket
Insurance
California FAIR Plan said to face wildfires with just $377m in pocket
FAIR Plan CEO suggested in 2024 they couldn't hit their reinsurance attachment points.   15 January 2025
PIB Group nabs Aon veteran to build Europe business
Insurance
PIB Group nabs Aon veteran to build Europe business
Appointee joins the broker after 22 years at Aon Germany.   14 January 2025
Lloyd’s Market LA wildfire losses ‘manageable’: APCL
Insurance
Lloyd’s Market LA wildfire losses ‘manageable’: APCL
Reinsurance streams most affected after insurers reduce direct exposure.   15 January 2025
Insurance
CFC hires law firm COO for newly created C-suite role
Specialist cyber insurer creates group COO role.   15 January 2025
Insurance
Canada suffers largest insured losses ever in 2024
Four events in particular cost insurers C$8bn between them.   14 January 2025
Insurance
White Bear Group expands MGA with bloodstock unit from Ryan Specialty
Bloodstock unit will operate under a Lloyd’s-backed binding authority agreement.   14 January 2025
Insurance
Hartford Mutual makes slew of C-suite changes
Maryland-based insurer promotes from within and hires top talent from rivals.   14 January 2025
Insurance
New MGA Volt plugs in renewable energy leader from Travelers
Appointee joins the MGA after a 10-year tenure at Travelers Europe.   14 January 2025
Insurance
LA wildfires threaten insurers’ budgets as losses mount to historic highs
Insured losses could hit up to $20bn, early estimates reveal.   10 January 2025
Reinsurance
Lockton Re eyes international P&C growth with senior Aon/Ascot hires
Senior brokers bring experience in casualty, treaty and financial lines market.   14 January 2025

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