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Cyclone Alfred could cost Australian insurers $1.3bn
Insurance
Cyclone Alfred could cost Australian insurers $1.3bn
Australia’s P&C insurers well placed to manage claims, says S&P Global.   5 March 2025
AI-driven insurtech secures $27.6m backing from Tesla and SpaceX investors
Technology
AI-driven insurtech secures $27.6m backing from Tesla and SpaceX investors
The funding, led by Sands Capital, aims to accelerate risk prevention.   4 March 2025
Vantage edges closer to underwriting profit: AM Best
Insurance
Vantage edges closer to underwriting profit: AM Best
Bermuda-based re/insurer posted operating profits in 2023 and 2024.   3 March 2025
Insurance
CFC buys specialist underwriting agency to serve Australian brokers
The acquired firm focuses primarily on financial lines insurance.   3 March 2025
Reinsurance
Japan Post Insurance mulls billion-dollar investment in reinsurance sidecar
Japanese life insurer would own 50% of reinsurance sidecar if it decides to go ahead.   3 March 2025
Insurance
Travelers faces $1.7bn loss from California wildfires
Estimated assessments from California FAIR Plan and reinsurance recoveries included.   11 February 2025
Insurance
Apollo adds former XL Catlin veteran to ASML board
The executive served as CEO of XL Catlin Reinsurance London.   3 March 2025
Reinsurance
Miami edges London on LatAm risks
As risks grow more complex, so do the claims—but with challenge comes opportunity.   13 February 2025
Insurance
BDIC claims BMA application hit ‘unexpected delays’
The purported crypto deposit insurer said it is also applying for a licence in Switzerland.   6 March 2025
Insurance
Specialty MGA UK charges up energy unit with Travelers, Ocean Re hires
New hires add global expertise from Africa, the Middle East, North America, and Europe.   28 February 2025

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