News

Insurance

Commercial P&C shows green shoot of recovery after Q4 long-term low

Commercial auto and umbrella remain stalwart hardening lines: MarketScout.   7 April 2025

Insurance

Compre closes second legacy deal with Covéa

Legacy group acquires two defunct California personal lines carriers.   16 April 2025

Insurance

Trade war could also choke off cross-border reinsurance, KBRA warns

Impacts will ripple through to reinsurer balance sheets, higher attachment points, increased renewal prices.   17 April 2025

Reinsurance

Sava Re re-elects supervisory chairman for third consecutive term

The chairman will retain his current title until 2029.   10 March 2025

Insurance

Resilience lifts cyber capacity to focus on UK enterprises

Cyber MGA raises ceiling to support British clients with revenues over £10bn.   8 April 2025

Insurance

UK cyber claims fall from peak but still near record levels in 2024: Marsh

Claims fall partly due to insurers requiring organisations to act on cybersecurity measures.   29 April 2025

Insurance

Chaucer co-creates insurance product tackling AI hallucinations

AI liability cover protects against malfunction or breakdown, insuring ‘technologies of tomorrow’.   24 April 2025

Insurance

Q1 surplus line premium grows 15% in top US jurisdictions

The Q1 growth rate is down only lightly on the FY2024 rate for top three states.   16 April 2025

Insurance

Insurer competition knocks down Q1 global commercial rates: Marsh

Casualty rates rose globally, driven by a jump in US excess/umbrella lines.   25 April 2025

Insurance

Just 25% of nat cat damage could be covered by insurance by 2030

Bain & Company warns insurance industry at ‘breaking point’ due to uneconomic pricing.   31 March 2025

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