Articles

Reinsurance

Florida’s Citizens seeks $2.9bn at mid-year renewals in bulkier tower

PML target fell 25% year on year but Citizens may add treaty, reduce threat of surcharges.   11 March 2025

Insurance

North Sea collision leaves insurers exposed to millions in losses

Marine insurers Skuld and Steamship Mutual face huge P&I losses after ships collide off English coast.   11 March 2025

Insurance

Aon snaffles Marsh veterans to spearhead construction, surety

‘Construction is a top priority for Aon,’ says NA head of commercial risk.   11 March 2025

Reinsurance

Lockton Re lands Brazilian market expert for LatAm treaty push

The broker sees Brazil as a very important market in the region.   11 March 2025

Insurance

Hub acquires marine insurance specialist to expand in Florida

The acquired firm does business as C&L Marine Insurance.   11 March 2025

Insurance

Howden expands UK presence with new office

New base to offer new clients and a talent pool from across the country.   11 March 2025

Insurance

Lloyd’s expects $2.3bn hit from California wildfires

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

Reinsurance

Rush to E&S may have sacrificed diversification, Cincinnati warns

The E&S boom has handed power to MGAs and wholesalers, narrowed market focus.   10 March 2025

Reinsurance

Pool Re to explore terrorism cover as standard for SMEs

State-backed reinsurer sees protection gap leaving wider UK economy exposed.   10 March 2025

Insurance

PIB buys MGA with ‘strong foothold’ in Australia and US

PIB CEO hails ‘milestone’ deal to expand its MGA business into international markets.   10 March 2025

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