News

Reinsurance

Heritage ups limit at nearly no cost for 2025-26 reinsurance

Limit hiked in Southeast; retentions up; Citrus Re cat bonds support to the tune of $535m.   9 May 2025

Reinsurance

Embattled reinsurer Conduit Re confirms permanent CEO

Grows GWP by 15% in first quarter, reinsurance revenue up 18%.   14 May 2025

Insurance

Helvetia and Baloise merge to birth major player in Swiss insurance

Combined company will generate $25bn in GWP; becomes second-largest Swiss re/insurer.   22 April 2025

Insurance

Broker Insights scales business with flurry of appointments

Appointments include two recruits from top firms including Lloyd’s and host of internal promotions.   13 May 2025

Insurance

BMA issues prohibition order against insurance broker’s director

The regulator barred the director of Swift Intermediaries from acting as a director or officer of a Bermuda insurance entity for three years.   16 May 2025

Insurance

Extreme weather costs Australian insurers nearly a billion dollars

Two extreme weather events so far this year triggered 126,000 claims.   12 May 2025

Insurance

Ryan Specialty buys alternative risk MGA

Chicago-based Ryan says acquisition will add breadth, depth to alternative risk offer.   22 April 2025

Insurance

Average adjuster association names Asia Pacific grandee as incoming chair

The outgoing chair was first woman to hold the position since the AAA was established.   12 May 2025

Insurance

Marsh cements US construction practice with Aon veteran

New construction head to steer US clients through industry shifts, says Marsh.   6 May 2025

Reinsurance

Munich Re Q1 net profits halve to €1.1bn on wildfire losses

P&C CoR shoots up to 84%, deteriorates 14 points.   13 May 2025

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