News

Insurance

California wildfires will dent Lloyd’s property underwriting, Lloyd’s warns

Over 85% of Lloyd’s wildfire losses have been in property class, says market chief.   14 March 2025

Reinsurance

Demand for third party capital still strong

Investors are attracted to Ariel Re’s variety of investment vehicles.   13 March 2025

Reinsurance

Casualty ILS gaining in popularity

MultiStrat’s James says the sector is primed for take-off after years of being overshadowed by property catastrophe.   13 March 2025

Insurance

Japan regulator examines life reinsurance

The Financial Services Agency is concerned about transfers to private equity-owned life reinsurers.   6 March 2025

Reinsurance

Dramatic spike in marine claims, P&I clubs head for losses

Claims in 2024 proved ‘almost in line with heavy years of 2020 and 2021’.   12 March 2025

Reinsurance

Russian aircraft settlements see Greenlight Re shore up reserves

Claims should start flowing up risk ladder right now as deals have been cut.   11 March 2025

Reinsurance

Miller mines 16-year SCOR veteran to power reinsurance strategy

The new managing director will focus primarily on its Western European business.   5 March 2025

Reinsurance

Florida’s Citizens seeks $2.9bn at mid-year renewals in bulkier tower

PML target fell 25% year on year but Citizens may add treaty, reduce threat of surcharges.   11 March 2025

Insurance

PIB buys MGA with ‘strong foothold’ in Australia and US

PIB CEO hails ‘milestone’ deal to expand its MGA business into international markets.   10 March 2025

Insurance

California regulators push ahead with market reform, despite wildfire impact

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

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