News

Insurance

California FAIR Plan working hard to get policy count down, numbers head in wrong direction

Record high in January follows heady 11% growth in just fourth quarter.   14 March 2025

Insurance

Hedge funds chase LA wildfire subrogation rights; Eaton bid at 50%

SCE power utility incident boosts Eaton pricing; Palisades taking pennies on the dollar.   2 May 2025

Insurance

Brace snaffles Hiscox senior underwriter to target UK, European markets

Appointee brings more than a decade of experience at Hiscox, working across various lines.   29 April 2025

Insurance

Carbon Underwriting CEO steps down due to ill health

Co-founder and CUO becomes chief executive with immediate effect.   28 April 2025

Insurance

Perils ups Éowyn loss estimate to $745m

Future European windstorm losses could trigger losses costing tens of billions of euros.   28 April 2025

Insurance

Amphitrite expands marine war offering with additional $40m capacity

London-based MGA says demand for marine war cover is dramatically increasing.   23 April 2025

Insurance

Allstate battered by wind and hail in March, triggers aggregate treaty

Bad weather costs US insurer $1bn in cat losses, heaped on top of January wildfires.   22 April 2025

Insurance

Westfield Specialty International gets arty with AXIS underwriter

Incoming fine art and specie head brings more than 35 years experience.   22 April 2025

Risk Management

More than half of Irish businesses hit by fraud

Cost of payment scams and number of fraud offences has risen sharply.   11 March 2025

Reinsurance

Pool Re to explore terrorism cover as standard for SMEs

State-backed reinsurer sees protection gap leaving wider UK economy exposed.   10 March 2025

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