Articles

Reinsurance

‘Seismic’ cost of wildfires shows reinsurers were right to raise rates: Egan

The SiriusPoint CEO said the company is primed for growth after ending restructuring.   20 February 2025

Reinsurance

Analysis: PLP wins third Bermuda election but loses seats

After returning to power, attention will turn to future leadership and budget.   20 February 2025

Insurance

Bermuda can build model tax system

Corporate Income Tax agency must be credible, says new head.   20 February 2025

Insurance

Agency produces payment deadlines or CIT

Companies will have to pay 90% of tax prior to year end, according to consultation paper.   20 February 2025

Insurance

Fidelis adds $287m to loss reserves for Russia aviation case

Reserves relate to a recently concluded $3.5bn case over stranded airliners.   20 February 2025

Reinsurance

Aegon bounces back to $707m full year profit

The long-term re/insurer saw its US business grow despite net impairments.   20 February 2025

Reinsurance

TWIA may face 32% increase in reinsurance limit purchase in 2025

Increase comes on a low double-digit rise in model PMLs and a hope to cut retentions.   20 February 2025

Reinsurance

Volante Global nabs Lloyd's veteran for newly created role

Reinsurance maven brings decades of London Market experience.   20 February 2025

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

Reinsurance

Cats kill Conduit's CoR target in 2024, California did it for 2025

Conduit’s estimated California wildfire losses far exceed even its 1:250 peak peril PMLs.   19 February 2025

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