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CrowdStrike IT outage losses ‘unlikely to reach catastrophic levels’: Coalition CEO
Insurance
However, he warns that the failure of more ubiquitous software products ‘very well could’.   29 July 2024
Chubb hikes retentions and ups tower to $5.7bn in US cat reinsurance
Reinsurance
Core US tower rises by $2.2bn, but spectrum of coverage in new top layer may have thinned.   29 July 2024
HDI Global grows Middle East footprint with new hub in Dubai
Insurance
It will initially offer engineering, construction, and property insurance products.   29 July 2024
Insurance
Member insurers will be on the hook for half the bill up to $2bn after FAIR depleted.   29 July 2024
Insurance
NFP will reheat its own M&A machine to deliver units bearing $45-60m in EBITDA this year.   26 July 2024
Reinsurance
S&P says Beryl, CrowdStrike, Baltimore losses likely within Munich Re’s loss budget.   26 July 2024
Insurance
Wholesale submission rates have Gallagher looking to ever higher E&S growth in ’24.   26 July 2024
Insurance
The new teams will join its complex and large commercial cyber divisions.   26 July 2024
Insurance
Umbrella is a rising line to watch after May spike; commercial property returns in June.   26 July 2024
Reinsurance
Supply has risen to the occasion, but not exceeded; market remains ripe, RenRe says.   26 July 2024

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