News

Insurance

Fidelis adds $287m to loss reserves for Russia aviation case

Reserves relate to a recently concluded $3.5bn case over stranded airliners.   20 February 2025

Insurance

QBE expects losses around $200m from California wildfires

Australian re/insurer sees 2024 profits rise by 31% to $1.8bn.   21 February 2025

Insurance

Most Americans decry the lawyer tactics increasing insurance costs: survey

'Nuclear' jury awards, third-party litigation funding and jury anchoring all driving up cost of insurance.   6 February 2025

Insurance

Majority of US insurers plan to increase headcount in 2025

74% of US insurers expect to increase revenue over coming 12 months.   19 February 2025

Insurance

Travelers Europe stays close to home to find new COO

Incoming COO joined company in 2016 after roles at Towergate, RSA and GE Capital.   17 February 2025

Reinsurance

Bermuda re/insurers’ underwriting profits likely to fall in 2025: Fitch

The ratings agency said the hard market is ‘past its peak’ but investment returns will offset narrower underwriting margins.   3 February 2025

Reinsurance

‘Seismic’ cost of wildfires shows reinsurers were right to raise rates: Egan

The SiriusPoint CEO said the company is primed for growth after ending restructuring.   20 February 2025

Reinsurance

VIG Re onboards veteran NN Group HR veteran

Reinsurer says newly created role underscores talent commitment, diversity.   17 February 2025

Insurance

Aon teams up with Protecdiv to boost US public, private sector offer

Co-broking deal to expand commercial insurance and reinsurance solutions.   18 February 2025

Insurance

Tokio Marine Kiln boards AIG veteran to throttle up aviation

Appointment seeks to further strengthen aviation expertise and capabilities.   17 February 2025

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