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State Farm General stares at $7.6bn losses from CA wildfires
Insurance
State Farm General stares at $7.6bn losses from CA wildfires
Sets out fiscal black hole it finds itself in ahead of crunch meeting with California insurance commissioner.   26 February 2025
Beazley breaks into European property market in bold expansion move
Insurance
Beazley breaks into European property market in bold expansion move
Beazley looks to further scale in Europe to ‘meet the demand for specialty solutions’.   26 February 2025
Aspen puts CA wildfire losses anywhere up to $75m
Insurance
Aspen puts CA wildfire losses anywhere up to $75m
28 February 2025
Reinsurance
UK state terrorism reinsurer Pool Re closes £2.75bn retrocession programme
New aggregate excess of loss cover increases by nearly £400m.   3 March 2025
Technology
Third-party cyber risk driving ‘unprecedented’ insurance losses: Resilience
Ransomware remains top loss driver, accounting for six out of ten claims in 2024.   3 March 2025
Reinsurance
Brit CEO warns of more challenging markets, rate reductions
Reinsurance GWP fell by 8% in 2024 with casualty treaty hit hard.   28 February 2025
Insurance
NormanMax to acquire parametric flood insurtech FloodFlash
FloodFlash to continue to operate as an MGA and Lloyd's coverholder.   26 February 2025
Reinsurance
AXA XL lands Munich Re talent for new India reinsurance CEO
Outgoing chief steps down after 10 years, stays on as senior advisor.   25 February 2025
Insurance
Rokstone launches ‘game changer’ US casualty E&S MGA
The new MGA targets $150m in annual premiums by year five.   25 February 2025
Insurance
Aon’s NFP grows US footprint with Delaware broker buy
The firm serves middle-market businesses with commercial P&C and personal lines focus.   27 February 2025

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