News

Alternative Risk Transfer

Commercial clients may emerge as growth driver in ILS: Aon

Cat bond offer for carrier cedants remains a more fluid tool in risk transfer palette.   31 January 2025

Insurance

Envelop Risk lifts duo to strengthen operations, leadership

Interim COO confirmed; new EVP appointed to strengthen underwriting.   28 January 2025

Alternative Risk Transfer

MS Amlin expands Phoenix Re sidecar to $90m for 2025

The Asia-focused ILS vehicle’s renewal sees a 12.5% capacity increase from 2024.   29 January 2025

Reinsurance

Property remains attractive even as tailwinds ease: Berkley

Berkley CEO says US specialty group will ‘ride that property horse as long as we can’.   28 January 2025

Insurance

Mercury General faces $1.7bn LA wildfire losses

State Farm pays out half a billion dollars in claims.   28 January 2025

Insurance

Chubb suffers estimated $1.5bn losses on California wildfires

The sum misses Chubb’s all-perils reinsurance retention, but other treaty may be in play.   29 January 2025

Reinsurance

Life re/insurance sector comes through stress tests

Bermuda’s regulator says some companies faced liquidity shortages and it is engaging with them.   30 January 2025

Insurance

Axis Capital claims massive step-up in liability rate Q4

Rate rose 29% year-on-year in primary layers, 18% in excess as Axis pushed on rate, cut laggards.   30 January 2025

Reinsurance

AXA XL bolsters wholesale strategy in Americas with new leadership

Appointee to drive growth, build partnerships, enhance underwriting.   30 January 2025

Insurance

New Gallagher-backed Florida insurer approved to offer P&C coverage

It is led by the chair of Itasca Re, who previously served 19 years at RenaissanceRe.   30 January 2025

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