News

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

McGill lands WTW veterans to expand Irish operation

New partners will build broker’s Eire construction sector business.   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

Insurance

Carbon Underwriting looks to grow financial ops with ex-Swiss Re chief

Appointee is an actuary with over 30 years of financial leadership experience.   15 January 2025

Insurance

LA wildfires could inflict up to $35bn in losses; new blazes ignite

California's state fire agency has reported two new fires; Hughes and Sepulveda.   23 January 2025

Reinsurance

Augment Risk lures Swiss Re legacy exec for US retrospective offering

Appointee joins with experience from Aon and CNA Insurance.   16 January 2025

Insurance

Analysis: Bermuda grapples with implications of Corporate Income Tax advent

The tax is in effect, but key questions remain unresolved.   22 January 2025

Reinsurance

Africa Specialty Risks launches Lloyd’s company in Mauritius

Writing on Lloyd’s paper expected to boost company’s specialist capacity across Africa.   16 January 2025

Insurance

Global warfare biggest risk in 2025, say experts

Experts less optimistic about global outlook than in previous years, says World Economic Forum survey.   15 January 2025

Reinsurance

California FAIR Plan has $900m attachment point

But with only $377m in hand, question mark over triggering reinsurance cover.   22 January 2025

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