News

Insurance

SRG ventures into mainland Europe; strikes major acquisition deal

Deal adds new German shareholder, doubles SRG’s staff.   23 January 2025

Insurance

McLarens boosts Lloyd’s, London presence with in-house talent

New leader will focus on expanding claims solutions across specialty divisions.   23 January 2025

Insurance

Everest confirms permanent chief executive

Incumbent has been acting CEO since early this month.   23 January 2025

Insurance

LA wildfires could inflict up to $35bn in losses; new blazes ignite

California's state fire agency has reported two new fires; Hughes and Sepulveda.   23 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

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

Descartes launches parametric tornado damage policy

Claims product is next generation parametric insurance.   23 January 2025

Reinsurance

Travelers renews property cat 1.1 with limit flat at $8bn

Property cat treaty shifted to higher layers; casualty treaty moved lower.   23 January 2025

Insurance

Analysis: Bermuda voters driven by bread-and-butter issues as new tax takes effect

Corporate Income Tax – largely paid by the re/insurance industry – is unlikely to be central in next month’s election.   21 January 2025

Reinsurance

AXIS Capital forms new specialty insurer

Start-up special purpose insurer Perren Re was also licensed by the BMA.   17 January 2025

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