News

Insurance

Surplus lines slowed to 12% growth in 2024; California issues in focus

California premiums rose 19%: 15% in property, 61% in homeowner, 2.6x in auto liability.   12 February 2025

Reinsurance

Miami Reinsurance Week in pictures

We drop in on the week’s high-profile presentations, parties and events.   11 February 2025

Insurance

California approves $1bn assessment to keep FAIR Plan afloat

CA FAIR Plan has already accessed $350m worth of reinsurance.   12 February 2025

Insurance

Optio plucks AXA director, ex-Hiscox chief for C-suite

Appointee served 22 years at Hiscox in senior roles including CUO of UK and USA.   11 February 2025

Reinsurance

$6bn spent on LA wildfire mitigation could have halved losses: Howden Re

A $6 billion investment in wildfire risk mitigation could have cut the economic losses of the Los Angeles wildfires by nearly 50%, says Howden Re.   11 February 2025

Insurance

Underwriters set up construction & engineering committee

International Underwriting Association splits out forum for specialist claims professionals.   11 February 2025

Reinsurance

IQUW expands risk underwriting team with specialist from Canopius

Specialist joins company with pedigree from Swiss Re, AXA and CNA Hardy.   11 February 2025

Insurance

Re/insurance CEOs optimistic about 2025: PwC

Majority of company leaders expect revenue to grow in the coming year.   12 February 2025

Technology

Advanta explored AI and other technology in a breakfast session at Miami Reinsurance Week

More than 100 executives attended Advanta’s annual Breakfast & Technical Forum at Miami Reinsurance Week.   11 February 2025

Reinsurance

Miami Reinsurance Week Today 2025 Day 1 is now live

Our Miami Reinsurance Week Today publication is reporting live from Florida.   11 February 2025

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