News

Insurance

Four top cat modellers file for California wildfire model approval

The race for model approval began as insurance pricing reform took effect January 1.   3 February 2025

Insurance

Everest toppled: writes $2bn in US casualty reserves; troubles persist

The revolution rolls on: ‘aggressive’ re-underwriting looks about half done, Everest says.   28 January 2025

Reinsurance

AXA XL bolsters wholesale strategy in Americas with new leadership

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

Everest claims US casualty reserve one-and-done; mop-up will be rapid

Everest warns clients must pay single fat renewal to meet underwriting standards.   28 January 2025

Reinsurance

Reinsurance broker Juniper Re enters London market with ex-Guy Carp/Willis Re veteran

Juniper Re is the specialist reinsurance broking arm of The Baldwin Group.   17 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

Insurance

Rising capacity spreads through aviation after airline softening

Aviation hull war rates retreated by up to 10% in 2024 after spike from Russian losses.   27 January 2025

Insurance

Lloyd’s-backed MGA Devonshire builds out contingent risks team with new hire

It has grown to 10 employees as it nears its first anniversary in April.   30 January 2025

Reinsurance

MS Amlin unveils new team and business class to boost expansion

The team will drive product and distribution innovation, responding to emerging trends.   27 January 2025

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