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IGI records record net income for year
Reinsurance
IGI records record net income for year
Specialty re/insurer says reinsurance and investment returns drove annual profit.   26 February 2025
Fidelis adds $287m to loss reserves for Russia aviation case
Insurance
Fidelis adds $287m to loss reserves for Russia aviation case
Reserves relate to a recently concluded $3.5bn case over stranded airliners.   20 February 2025
Brown & Brown names Steve Hearn as COO
Insurance
Brown & Brown names Steve Hearn as COO
Hearn has been CEO of nearly 10 insurance companies and is currently chair of PPL.   24 February 2025
Insurance
QBE expects losses around $200m from California wildfires
Australian re/insurer sees 2024 profits rise by 31% to $1.8bn.   21 February 2025
Reinsurance
IQUW expands marine portfolio with new offer led by ex-Markel talent
Former Markel underwriter to grow a global ports and terminals book.   18 February 2025
Insurance
AIG predicts $500m net loss from California wildfires
Underwriting income drops by 29% in Q4 2024 eaten into by cat payouts.   12 February 2025
Insurance
Re/insurance CEOs optimistic about 2025: PwC
Majority of company leaders expect revenue to grow in the coming year.   12 February 2025
Insurance
Tokio Marine Holdings flags growth in international non-life
NPW for international hit Y2,384 billion — up 5.4% y/y.   14 February 2025
Insurance
Brookfield Wealth plans international expansion
Re/insurer’s net income doubled following purchase of American Equity Life.   18 February 2025
Reinsurance
Berkley warms to cooling property lines, could yet up weighting 50%
Property shows an unexpectedly gentle peak; looks better as other lines fade fast.   17 February 2025

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