News

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

Reinsurance

LA wildfires may cost European reinsurers 30% of cat budgets: Fitch

Budget cost could near 40% if insured losses hit $45bn.   23 January 2025

Reinsurance

WTW enters Saudi reinsurance market with Chedid Re hire

The move follows its 2024 licence to operate as an insurance broker in Saudi Arabia.   20 January 2025

Reinsurance

Gallagher Re draws New Re casualty veteran to bolster EMEA offering

Appointee to boost its international casualty and motor treaty reinsurance capabilities.   17 January 2025

Insurance

Lockton plucks Amazon, Mercer veteran to boost people solutions

The new product leader is expected to lead the delivery of innovative digital products.   24 January 2025

Reinsurance

CCR Re becomes Arundo Re

The move marks ‘a new chapter in our transformation,’ it says.   17 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

Lloyd’s syndicate Ki completes split from Brit and becomes standalone

Ki appoints new managing agent; Fairfax remains a shareholder.   24 January 2025

Insurance

Trump tax move does not affect CIT, says Bermuda govt

The US has effectively pulled out of the global corporate minimum tax deal, just weeks after Bermuda introduced the Corporation Income Tax.   24 January 2025

Reinsurance

Arch Capital elevates global CIO to key operations role

Appointee will retain his CIO duties while overseeing Arch's global services operation.   23 January 2025

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