News

Insurance

Fortitude Re locks in $4bn Japan annuity reinsurance deal

Deal comes hot on the heels of reinsuring $3.4bn Unum long-term care reserves.   24 March 2025

Reinsurance

US property cat reinsurance to steady ahead of midyear renewals

Large US cat losses will harden pricing for US exposures: Moody’s.   14 March 2025

Insurance

Insurtech Peak3 makes push into Europe, establishes Dublin office

Its cloud core insurance platform, Graphene, has issued more than a billion policies.   18 March 2025

Insurance

Berkshire’s BHSI shakes up US retail property leadership

Separates offerings into four US regions, reflecting ‘broad appetite’ for the class.   19 March 2025

Insurance

SME cyber market needs mainstream push and ‘wow factor’

Panel outlines a road map to guide the cyber market to cut coverage gaps common among small and medium-sized businesses.   24 March 2025

Reinsurance

‘Seismic’ cost of wildfires shows reinsurers were right to raise rates: Egan

The SiriusPoint CEO said the company is primed for growth after ending restructuring.   20 February 2025

Reinsurance

Florida’s Citizens seeks $2.9bn at mid-year renewals in bulkier tower

PML target fell 25% year on year but Citizens may add treaty, reduce threat of surcharges.   11 March 2025

Insurance

Lloyd’s expects $2.3bn hit from California wildfires

Preliminary 2024 profits down, combined ratio rises 3%.   10 March 2025

Insurance

US commercial property rate drops for second time within two months: Ivans

Recent market darling knocked off its perch as fastest hardening segment.   5 March 2025

Insurance

Aspen appoints Apollo private equity associate to board

Group president and CEO of Aspen Bermuda also joins as director.   21 March 2025

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