News

Insurance

Former US senator joins Athene board

Ex-Democrat senator will also advise equity firm Apollo on energy issues.   10 February 2025

Reinsurance

RenaissanceRe defends property cat 1.1 as rates slip, trims casualty

Competition rose for preferred top-layer cat treaty and stifled rate in specialty.   30 January 2025

Alternative Risk Transfer

RenaissanceRe suffers $540m in net outflows from its ILS stable FY2024

Profit-taking in a rising market exceeds collateral release in driving flows, RenRe says.   29 January 2025

Insurance

RenaissanceRe eyes $750m possible hit from California wildfire

The group began its calculus from an outlier high estimate of $50bn in industry losses.   29 January 2025

Reinsurance

California wildfire can hike cat treaty demand Q2, boost rates: RenRe

Regions with three big cat events over three quarters head for renewal starting Q2.   30 January 2025

Insurance

New Gallagher-backed Florida insurer approved to offer P&C coverage

It is led by the chair of Itasca Re, who previously served 19 years at RenaissanceRe.   30 January 2025

Reinsurance

By the numbers: Bermuda reinsurers' performance

2023 results paint a picture of a re/insurance sector in strong financial health.   30 January 2025

Insurance

Trump tax move does not affect CIT, says Bermuda govt

The US has effectively pulled out of the global corporate minimum tax deal, just weeks after Bermuda introduced the Corporation Income Tax.   24 January 2025

Insurance

Analysis: Bermuda grapples with implications of Corporate Income Tax advent

The tax is in effect, but key questions remain unresolved.   22 January 2025

Insurance

Los Angeles wildfires could cost insurers up to $10bn: JPMorgan

Arch Capital and RenaissanceRe are most exposed reinsurers, says US bank.   9 January 2025

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