News

Reinsurance

Re/insurance industry must prepare to be challenged to smooth economic shocks

MS Reinsurance CEO Robert Wiest urges reinsurers to stop thinking in cycles and start planning for structural shifts.   27 June 2025

Insurance

New AIG president John Neal in line to pocket $5m annual package

Ex-Lloyd’s CEO to get millions in cash on day one, plus $5m worth of shares.   22 July 2025

Insurance

UK brokers call for Chancellor to slash red tape ahead of major speech

‘Over-burdensome’ regulation makes UK brokers’ costs highest worldwide, says BIBA.   15 July 2025

Technology

CyberCube makes significant upgrades to catastrophe model

Latest version embraces global nature of cyber risk, incorporates mitigation when modelling scenarios.   14 July 2025

Insurance

Fresh UK AI-driven MGA to bind first risk in Q4

MGA will initially target property & terrorism, before adding other lines in 2026.   11 July 2025

Insurance

HDI Global gets nod to offer parametric earthquake insurance in Japan

Insurer teams up with parametric MGA to provide earthquake cover to Japanese corporates.   14 July 2025

Insurance

US insured hurricane losses could up 50% as temperature soars

Losses climb under 2°C rise but pricing and coverage lag, MS Amlin warns.   14 July 2025

Insurance

Going steady: WR Berkley edges GPW up to $4bn in Q2

Combined ratio deteriorates slightly on above-average cat losses.   22 July 2025

Reinsurance

Gallagher Re crafts $16m parametric cover for Laos through Southeast Asia risk pool

New parametric trigger replaces hazard markers that miss regional catastrophe complexity.   18 July 2025

Reinsurance

Florida’s Citizens fills mid-year reinsurance tower at below budget

Florida state insurer covered $4.5bn in reinsurance for much less than it cost last year.   23 June 2025

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