News

Insurance

Florida cat fund eyes $4.6bn loss on Helene and Milton claims

The major contributor is Hurricane Milton which could lead to $4.5bn in losses.   1 November 2024

Reinsurance

AXA partners with airline to unveil flight delay parametric product

The offering incentivises eligible travellers for flight delays of 90 minutes or more.   10 December 2024

Insurance

Chubb expands 30-year veteran’s role to boost multinational risk management

The executive will assist overseas teams in designing and implementing complex solutions.   31 October 2024

Reinsurance

Palomar expands into surety insurance market

It sees the surety market as a ‘highly profitable’ sector with strong growth potential.   3 January 2025

Insurance

Aviation insurance could hit turbulence this year: WTW

Outcomes of Ukraine/Russia war court cases pivotal to prospects of aviation re/insurers.   20 February 2025

Reinsurance

Consilium moves into cargo market with ‘broad appetite’ and Gallagher broker

The move comes hot on the heels of its recent marine launch.   27 June 2024

Insurance

Cyber MGA Resilience bags $100m funding for European expansion

The funding is led by Intact with participation from Lightspeed Venture.   8 August 2023

Reinsurance

CIS and Africa reinsurers filling the void on US casualty

As European reinsurers pull back from US casualty risk, Moody’s leaders find the capacity void is often being filled by reinsurers in emerging markets.   9 September 2025

Insurance

Markel has high-margin lines in sights to replace business axed end-23

Some lines show ‘meaningful’ rate gains; property remains ‘attractive’ after slowdown.   6 August 2024

Insurance

Life and general insurance lift Aviva’s H1 results

UK’s Aviva on Aug. 3 reported higher first half operating profit driven by both life insurance and general insurance operations.   3 August 2017

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