News

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

Insurance

QBE issues new $250m cat bond, eyes growth in NA property cat space

It offers collateralised reinsurance protection, and diversifies access to capital.   9 January 2025

Reinsurance

Everest CEO Andrade leaves to head USAA

The re/insurer will be led by acting CEO Jim Williamson.   9 January 2025

Insurance

Sixth Street agrees strategic partnership with Northwestern Mutual Life

The agreement extends the investment manager’s involvement in insurance.   9 January 2025

Reinsurance

Aspen taps AIG for US environment head

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

Insurance

IQUW looks to grow in energy market with slew of senior hires

The hires boast experience from Canopius, Liberty Specialty Markets and Sasol.   9 January 2025

Insurance

Hiscox hires C-suite exec from AXA who is no stranger to the firm

The executive rejoins Hiscox after five years as AXA UK & Ireland’s chief operating officer.   9 January 2025

Reinsurance

Property cat and specialty rates fell at 1/1, US casualty splits reinsurers: Gallagher Re

US casualty saw constrained capacity despite market improvement.   2 January 2025

Reinsurance

Ascot taps Everest for corporate services chief

The executive will oversee Ascot’s facilities in Bermuda, the US and the UK.   8 January 2025

Reinsurance

1/1 renewals see US stability, UK rate softening, better targets in EMEA & Asia

April renewals in Japan to test reinsurers’ ability to balance growth with attractive ratings.   3 January 2025

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