News

Insurance

Insured losses reach $145bn in 2024: Aon

The broker said the protection gap was 60% as world suffered record temperatures.   22 January 2025

Insurance

Pen inks £420m capacity with QBE, extending 25-year partnership

New multi-year deals cover public authority risks, hazardous goods and environmental industries.   22 January 2025

Insurance

Lloyd's on track to surpass 2023 premium total

Confident about beating 2023's £52bn earned premiums.   24 January 2025

Insurance

Arch Insurance bolsters London energy division with dual appointments

Appointees will manage offshore energy underwriting and assist in risk assessments.   22 January 2025

Insurance

Milestone acquisitions and global expansion: ASIC’s year of progress

AM Specialty Insurance Company’s CEO Shevawn Barder reflects on major achievements and is ready for more.   23 January 2025

Technology

Autonomous AI agents pose unprecedented cyber threat: CyberCube

Shift in cyber threats will have profound implications for cyber insurance market.   22 January 2025

Reinsurance

LA wildfires may cost European reinsurers 30% of cat budgets: Fitch

Budget cost could near 40% if insured losses hit $45bn.   23 January 2025

Insurance

US winter storms render double-digit million losses: Aon

Power losses, snowfalls, impaired road/air travel and closed businesses drove losses.   24 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

Westfield grows political violence/aviation war team

Hires reflect growing geopolitical uncertainty, says specialty insurer.   24 January 2025

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