News

Insurance

Insurance industry hit with €2.2bn losses from Central Europe flood, final tally shows

Austria, the Czech Republic, and Poland saw the bulk of the losses: Perils.   20 March 2025

Alternative Risk Transfer

Ryan Specialty shakes up alternative risk underwriting structure

Broker names new president of alternative risk, leaving predecessor to focus on being CEO.   19 March 2025

Insurance

Munich Re takes ERGO stateside with $2.6bn bet on tech-savvy P&C player

The reinsurer expects mid-triple-digit million-dollar earnings in the medium term.   21 March 2025

Reinsurance

Commercial premium up 4% Q1 to date on acceleration in casualty: Gallagher

Property has seen no impact from wildfires yet, but the cat tally is clearly ticking.   21 March 2025

Insurance

US P&C carriers return to underwriting profit in ’24; glitches remain

Homeowners could be on track for seventh straight year of losses in 2025, APCIA warns.   21 March 2025

Insurance

Lloyd’s carbon startup gets lead capacity backing from Tokio Marine HCC

Markel calls the new offering a ‘key enabler’ for corporate net-zero goals.   20 March 2025

Insurance

North Sea collision leaves insurers exposed to millions in losses

Marine insurers Skuld and Steamship Mutual face huge P&I losses after ships collide off English coast.   11 March 2025

Reinsurance

New parametric re/insurer launches in southern US market

Platform will use technology to fill gaps in windstorm market for commercial properties.   17 March 2025

Reinsurance

Augment Risk, Skyline Partners batten down hurricane cover in Hawaii

Parametric insurer says joint product will shift landscape for hurricane insurance.   19 March 2025

Insurance

Skyward Specialty names new legal chief with QBE, HDI pedigree

Seasoned pro with 20 plus years’ insurance experience joins as general counsel.   19 March 2025

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