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Allstate sees $1.1bn net wildfire loss after $1.4bn reinsurance cover
Insurance
Allstate sees $1.1bn net wildfire loss after $1.4bn reinsurance cover
Allstate also pencilled in a payment for the California residual insurer FAIR Plan.   20 February 2025
Majority of US insurers plan to increase headcount in 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
Lloyd's adds two more MGA cash-management funds
Insurance
Lloyd's adds two more MGA cash-management funds
Funds in euros and pounds add to existing US dollar fund.   19 February 2025
Insurance
Apollo takes flight with new drone liability cover
Targets the drone community with hobby, commercial and non-standard policies.   19 February 2025
Insurance
Pen writes US ports and terminals coverage
Extension means it can now cover every jurisdiction worldwide.   19 February 2025
Insurance
London likes US property; submissions rise and rates fall in turn
A renewal vs new business pricing gap put lots of accounts in play for brokers: Miller.   19 February 2025
Reinsurance
SiriusPoint brings end to ‘reshaping’ of company
Re/insurer says $21m fourth quarter loss was due to one-off items.   19 February 2025
Insurance
Farmers puts California wildfire net losses at $600m
Estimate net of its per-occurrence reinsurance programme and gross of tax.   19 February 2025
Insurance
Lockton taps own ranks for new UAE retail chief
New CEO’s leadership described as ‘key factor’ to company’s growth across MENA.   19 February 2025
Insurance
Moody’s elevates veteran MD to drive private credit ratings
Veteran to lead private credit research and ratings across the ratings agency.   19 February 2025

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