News

Reinsurance

Space weather insured losses manageable, despite total bill running into trillions

Re/insurers would be overwhelmed by $4.2tr economic cost though, Lloyd’s panel told.   5 March 2025

Insurance

Parametric solutions have potential for significant cat-exposed risk transfer: Augment Risk

Paul Ramiz, Kurt Cripps and Alejandro Solorzano of Augment Risk explain the growth drivers and why they are reaping the rewards of a limited global talent pool.   11 February 2025

Reinsurance

Fitch raises Mapfre outlook, predicts strong 2025

Mapfre hailed its 2024 results as ‘best in the company’s history’.   7 March 2025

Insurance

CFC buys specialist underwriting agency to serve Australian brokers

The acquired firm focuses primarily on financial lines insurance.   3 March 2025

Insurance

AEGIS London appoints former CEO and president to strengthen board

The executive held the top leadership role at its parent AEGIS in the US.   7 March 2025

Insurance

Arch hires two from QBE, Howden to bolster Iberia casualty

Duo with Chubb and Aon pedigree to develop Arch’s portfolio in Spain and Portugal.   12 March 2025

Insurance

Brookfield Wealth plans international expansion

Re/insurer’s net income doubled following purchase of American Equity Life.   18 February 2025

Insurance

California regulators push ahead with market reform, despite wildfire impact

Officials tell senators reforming market will rekindle homeowner coverage.   13 March 2025

Insurance

Hub acquires marine insurance specialist to expand in Florida

The acquired firm does business as C&L Marine Insurance.   11 March 2025

Insurance

Insurers pay out more than $12bn on LA wildfire claims so far

As of March 5, California insurers have addressed 74% of claims filed.   12 March 2025

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