Articles

Insurance

Insured losses from nat cats in 2024 ~50% higher than 10-year average: Munich Re

Non-peak perils are increasingly fuelling the trend of rising losses, the reinsurer warns.   9 January 2025

Insurance

Los Angeles wildfires could cost insurers up to $10bn: JPMorgan

Arch Capital and RenaissanceRe are most exposed reinsurers, says US bank.   9 January 2025

Insurance

LMA lauds Neal’s leadership in tackling longstanding Lloyd’s issues

John Neal has decided to exit Lloyd’s following six years as CEO.   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

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

Bermuda general election called

The ruling PLP promises tax cuts ahead of the poll.   9 January 2025

Reinsurance

Australia’s IAG shrinks catastrophe reinsurance in 2025

The insurer renews reinsurance tower with $10bn coverage, slightly lower than last year.   9 January 2025

Reinsurance

Lloyd’s CEO Neal to leave for Aon at ‘critical time’ in re/insurance

Aon has hired the industry veteran to lead its global reinsurance and climate solutions.   8 January 2025

Reinsurance

CCR Re unveils new 157 Re reinsurance sidecar

The reinsurer has sponsored a 157 Re sidecar annually since 2019.   8 January 2025

Insurance

Markel taps new marine director for key role

Appointee joined the company in 2024 after 13 years at QBE.   8 January 2025

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