News

Reinsurance

AXIS wraps up $2.3bn LPT deal with Enstar

AXIS will maintain claims control, while Enstar will handle certain admin rights.   25 April 2025

Reinsurance

Wildfires tear through RenRe Q1 results, spark $771m underwriting loss

First-quarter combined ratio deteriorates to 128%.   24 April 2025

Reinsurance

RenRe still likes property but wary of margins, capital exposure

Property cat demand rising into 6.1; market heads to better equilibrium than 1.1.   25 April 2025

Reinsurance

Mapfre Re CR worsens to 97.9% in first quarter

Spanish reinsurer hit by $96m net loss from Los Angeles wildfires.   25 April 2025

Reinsurance

BMA licenses Global Atlantic long-term reinsurance vehicle

The regulator also registered ILS vehicle Radix Alpha and two other entities.   24 April 2025

Insurance

Brit promotes 22-year veteran as Syndicate 2988 active underwriter

Former Syndicate 2988 deputy active underwriter, to retain FinPro and cyber MD role.   23 April 2025

Reinsurance

Alpine Re throws in the towel on building $1bn startup

CEO Arora says investor appetite just wasn’t there.   24 April 2025

Reinsurance

California wildfires cost re/insurers $40bn in Q1 insured losses: Gallagher Re

Wildfires become costliest Q1 nat cat peril for first time on record.   23 April 2025

Alternative Risk Transfer

RenaissanceRe manages Q1 net inflows, but AuM down after cats

Casualty ILS is Q1 hit: Fontana AuM up 18% including notable investor inflows.   24 April 2025

Reinsurance

Bermuda no longer casualty market ‘of last resort’

Price Forbes says Bermuda companies are filling gaps as domestic carriers pull back coverage.   24 April 2025

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