News

Reinsurance

Notable softening at 1/1 sets stage for policy shifts, emerging cycles in 2025: Howden

While pricing drops from historic highs, hard market changes are expected to persist in 2025.   3 January 2025

Reinsurance

SCOR lands 26-year Hannover Re vet as global head of cedent fac underwriting

The appointee departs from Hannover Re after serving since 1998.   7 January 2025

Insurance

iprism lands new multi-year capacity deal with Zurich

The deal is projected to yield up to $37.5m in gross written premium.   7 January 2025

Insurance

Ardonagh Group subsidiary takes major stake in New Zealand firm

The acquired underwriting agency places over $280m in GWP.   6 January 2025

Alternative Risk Transfer

Cat bond funds advanced throughout December, up 13.6% in FY2024

The cat bond total return performance index rose for all but five weeks of 2024.   6 January 2025

Reinsurance

California rounds out reforms, adds reinsurance costs to rates

The cat modelling and reinsurance inclusions incentivize growth in wildfire zones.   6 January 2025

Reinsurance

1/1 renewals see US stability, UK rate softening, better targets in EMEA & Asia

April renewals in Japan to test reinsurers’ ability to balance growth with attractive ratings.   3 January 2025

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

Insurance

Amwins supercharges binding authority with US MGA acquisition

The acquisition is expected to boost its offerings for small to mid-market accounts.   3 January 2025

Reinsurance

Property cat and specialty rates fell at 1/1, US casualty splits reinsurers: Gallagher Re

US casualty saw constrained capacity despite market improvement.   2 January 2025

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