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AXIS Capital forms new specialty insurer
Reinsurance
Start-up special purpose insurer Perren Re was also licensed by the BMA.   17 January 2025
Lloyd’s names AIG veteran as independent council member
Insurance
New council member will also chair the risk committee.   13 January 2025
US P&C growth to slow in 2025; profits remain stable despite uncertainties: Swiss Re
Insurance
Industry combined ratio to hold at 98.5% in 2025 before edging up to 99% in 2026.   15 January 2025
Insurance
Appointee is an actuary with over 30 years of financial leadership experience.   15 January 2025
Insurance
Insurers barred from cancelling or non-renewing residential insurance for wildfire risk.   13 January 2025
Insurance
Clockwork Re is a newly established Category 4 commercial general reinsurer in Guernsey.   14 January 2025
Insurance
The insurtech is selling its Liechtenstein-domiciled carrier as part of its restructuring.   14 January 2025
Reinsurance
Prices soften for first time in four years; primary carriers take heart.   16 January 2025
Insurance
New specialty unit encompasses construction, surety, and financial lines.   17 January 2025
Insurance
Insured losses on property total £5.5bn in 2024, with weather accounting for 22% of payouts.   16 January 2025

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