Articles

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

Excess capacity drives loss-free property cat rate cuts at 1/1 renewals: Guy Carpenter

Property cat renewals were ‘oversubscribed’, reinsurer appetite outpaced demand.   2 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

Reinsurance

SiriusPoint strikes major $733m stock deal

CEO Egan expects the deal to boost its return on equity and book value per share.   2 January 2025

Insurance

Acquisition sharpens Aon’s UK and Ireland expansion strategy

Aon has finalised its acquisition of a UK-based insurance broker with ‘complementary’ capabilities.   2 January 2025

Reinsurance

AXA XL lures Liberty Mutual veteran to boost underwriting in C-suite role

The appointee will lead the combined construction and energy underwriting and risk teams.   2 January 2025

Insurance

$1bn non-US cat events rack up $18.2bn losses for insurers in 2024: CRESTA

Unusually, 78% of the total industry loss figure was due to flood events.   2 January 2025

Insurance

Gallagher boosts retail focus with dual acquisitions

The deals follow three others made after its $13.6bn AssuredPartners deal.   2 January 2025

Insurance

Alliant lands Marsh veteran for Alabama expansion

The appointee will lead its entry into the Alabama market and expand its Southeast footprint.   2 January 2025

Reinsurance

Fidelis issues $375m of cat bonds through Herbie Re

The cat bonds will cover US named storm and earthquake losses.   2 January 2025

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