News

Reinsurance

VIG Re bolsters C-suite with new COO and CFO

C-suite executives to drive reinsurer’s digital transformation and finance operations.   10 January 2025

Insurance

Insurtech Parsyl raises $20m funding to accelerate growth strategy

Investors include the venture capital arm of Hudson Structured Capital Management.   8 January 2025

Reinsurance

Easing retrocession market conditions bolsters reinsurance capacity at 1/1: Aon

Reinsurers show greater flexibility at 1/1 with stable pricing and eased terms.   2 January 2025

Insurance

LA wildfires threaten insurers’ budgets as losses mount to historic highs

Insured losses could hit up to $20bn, early estimates reveal.   10 January 2025

Reinsurance

Aspen taps AIG for US environment head

The veteran executive will bolster the segment for the company.   9 January 2025

Insurance

No change in underwriting focus at Lloyd’s post Neal’s exit: S&P Global

Ratings agency downplays any effect of departure of Lloyd’s CEO.   10 January 2025

Reinsurance

Bermuda general election called

The ruling PLP promises tax cuts ahead of the poll.   9 January 2025

Reinsurance

Pension insurance deals hit £45bn in 2024

The market is expected to be around the same size in 2025, a report said.   7 January 2025

Alternative Risk Transfer

Augment Risk hires ex-Marsh talent to expand parametric offering

The company aims to ‘transform the way we think about parametric reinsurance’.   7 January 2025

Insurance

Digitisation and culture among top Lloyd’s Market priorities in 2025

LMA to focus on increasing the profile of female underwriting leadership across the market.   10 January 2025

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