News

Insurance

Vantage edges closer to underwriting profit: AM Best

Bermuda-based re/insurer posted operating profits in 2023 and 2024.   3 March 2025

Insurance

Fortitude reinsures $3.4bn of Unum long-term care reserves

28 February 2025

Insurance

Australian insurers receive more than 9,000 cyclone Alfred claims

Thousands more claims are expected over coming days and weeks, says Insurance Council of Australia.   10 March 2025

Insurance

Analysis: Private equity owned insurers are here to stay

Moody’s says the approach makes sense for annuity re/insurers, but risk management is critical.   6 March 2025

Technology

Tech adoption key for LatAm growth: Fitch

Technology adoption is key to boosting efficiency and closing coverage gaps across LatAm.   13 February 2025

Insurance

Cyclone Alfred could cost Australian insurers $1.3bn

Australia’s P&C insurers well placed to manage claims, says S&P Global.   5 March 2025

Technology

Q4 2024 ransomware attacks hit new record: Travelers

But ransom payouts fell by a third in ’24, as businesses faced down extortion demands.   7 March 2025

Insurance

Opportunity but volatility in LatAm’s insurance sector: Fitch

The Latin American insurance markets offer great opportunity, but as claims from cat losses rise, premiums have increased and volatility is a persistent concern.   10 February 2025

Insurance

State Farm General stares at $7.6bn losses from CA wildfires

Sets out fiscal black hole it finds itself in ahead of crunch meeting with California insurance commissioner.   26 February 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

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