Articles

Reinsurance

Natural catastrophe losses of $150bn ‘new normal’: Gallagher Re

Estimated total economic cost of natural disasters was $417bn, says broker.   21 January 2025

Reinsurance

LA wildfires may cost European reinsurers 30% of cat budgets: Fitch

Budget cost could near 40% if insured losses hit $45bn.   23 January 2025

Insurance

McGill taps BMS talent to strengthen treaty reinsurance team

Appointee will work on post-placement activities, specifically in accounting and claims.   17 January 2025

Reinsurance

Gallagher elevates new MD to C-suite to bolster India broking business

Appointee, who has over 35 years experience, will lead 180-member team across offices.   15 January 2025

Insurance

Lloyd’s London Bridge hits $1.9bn in capital in 2024

A total $2.55bn of capital has been committed from institutional investors.   20 January 2025

Insurance

Price Forbes expands Asia specialty lineup with senior Aon hire

The executive will advise clients across power, downstream and renewables.   21 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

Moody’s RMS pegs LA wildfires insured losses at up to $30bn

Moody’s RMS Event Response insured-loss estimate is lower than others   20 January 2025

Insurance

Protecdiv takes on full-time CFO

Hires industry veteran to help grow business in Philadelphia, nationwide.   17 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

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