News

Reinsurance

Dramatic spike in marine claims, P&I clubs head for losses

Claims in 2024 proved ‘almost in line with heavy years of 2020 and 2021’.   12 March 2025

Reinsurance

Casualty ILS gaining in popularity

MultiStrat’s James says the sector is primed for take-off after years of being overshadowed by property catastrophe.   13 March 2025

Alternative Risk Transfer

Cat bond funds edge up in February but rally slows since LA wildfire

Four-week gain through end-February down to 0.3% versus regular 1% gains through Q4.   10 March 2025

Insurance

Amwins MGA targets US public bodies with excess casualty offering

New product covers municipalities, schools, public housing and more.   17 March 2025

Reinsurance

Pool Re to explore terrorism cover as standard for SMEs

State-backed reinsurer sees protection gap leaving wider UK economy exposed.   10 March 2025

Reinsurance

Lockton Re draws Gallagher Re leader to build specialty ‘bench strength’

Senior hire brings experience from Aspen Re, Allianz Re, Chord Re and Wills Re.   10 March 2025

Reinsurance

Lancashire growth will slow to low single digits amid rate softening

Specialty reinsurance could offer above-par growth opportunities for 2025.   6 March 2025

Reinsurance

Berkley Re launches turnkey reinsurance division

New division offers white-label bouquet of reinsurance services.   19 February 2025

Reinsurance

TWIA may face 32% increase in reinsurance limit purchase in 2025

Increase comes on a low double-digit rise in model PMLs and a hope to cut retentions.   20 February 2025

Insurance

Allstate sees $1.1bn net wildfire loss after $1.4bn reinsurance cover

Allstate also pencilled in a payment for the California residual insurer FAIR Plan.   20 February 2025

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