Articles

Insurance

Lloyd’s expects $2.3bn hit from California wildfires

Preliminary 2024 profits down, combined ratio rises 3%.   10 March 2025

Risk Management

Australia gets new flood model after cyclone Alfred wreaks havoc

British data specialist maps Australia flood risk in never-before-seen detail.   12 March 2025

Insurance

Allianz Commercial lines up Ireland CFO for newly created board role

Appointee to oversee risk management, compliance, underwriting integrity and more.   18 February 2025

Insurance

California wildfires will dent Lloyd’s property underwriting, Lloyd’s warns

Over 85% of Lloyd’s wildfire losses have been in property class, says market chief.   14 March 2025

Reinsurance

Cyber re/insurers need to solve risks posed by third party IT vendors

Ariel Re’s head of cyber said the CrowdStrike outage demonstrated global vulnerability to systemic events.   30 January 2025

Insurance

Liberty Mutual sees $1.2bn net hit on LA wildfires, reinsurance due

Liberty Mutual’s per-occurrence property cat tower rings in $1bn including cat bonds.   7 March 2025

Reinsurance

Give us a double digit mid-year rate cut or broker heads roll, Citizens warns

Citizens board member warns 10% rate cut is a start, not a ceiling.   18 March 2025

Insurance

Insurer carrier M&A slumped to 16-year low in ’24 – can 2025 spark rebound?

Insurers hunkered down in face of rising costs, global instability.   12 March 2025

Insurance

Fitch views regulatory arbitrage ‘unfavourably’

28 February 2025

Insurance

Athene CEO criticises Cayman life insurance regulation

Long-term re/insurer warns low capital requirements ‘are putting system at risk’.   21 February 2025

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