News

Reinsurance

Mercury General to buy more reinsurance after January blazes

The California insurer’s LA wildfire losses will not be a capital event.   3 April 2025

Insurance

Cyber insurance rates slide again; Europe leads global plunge: Marsh

GenAI and ransomware threats keep US and Asia insurers on their toes.   24 April 2025

Reinsurance

Wildfires tear through RenRe Q1 results, spark $771m underwriting loss

First-quarter combined ratio deteriorates to 128%.   24 April 2025

Alternative Risk Transfer

RenaissanceRe manages Q1 net inflows, but AuM down after cats

Casualty ILS is Q1 hit: Fontana AuM up 18% including notable investor inflows.   24 April 2025

Reinsurance

California wildfires cost re/insurers $40bn in Q1 insured losses: Gallagher Re

Wildfires become costliest Q1 nat cat peril for first time on record.   23 April 2025

Insurance

Cyclone Alfred lashes insurers with $1.7bn bill: Perils

Alfred was largest cyclone loss event to impact Australia insurers since 1974.   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

Southern California ripe for wildfires through July, forecasters warn

Running drought and a budding fuel layer has SoCal risks rising unabated into summer.   2 April 2025

Insurance

Atlantic may serve up above-average hurricane season: CSU

Weather scientists predict nine hurricanes over the course of 2025.   4 April 2025

Reinsurance

Antares bounces back with strong GWP growth

Core business profits improve, legacy division slashes loss.   4 April 2025

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