News

Insurance

Hurricane Milton to trigger $25-$50bn in insured losses: Jefferies

Milton is likely an earnings event and will not raise property reinsurance rates in 2025.   11 October 2024

Insurance

Global economy faces $14.5trn in geopolitical conflict risks: Lloyd’s

The economic fallout focuses on disrupted global trade and infrastructure damage.   11 October 2024

Insurance

Aon lifts long-serving talent to lead global insurance vertical

The appointee will boost capabilities across commercial risk, reinsurance and health.   11 October 2024

Insurance

Ardonagh Group seals deal for APAC expansion with Australian M&A

It will combine PSC’s Australia and New Zealand operations with Envest Group.   11 October 2024

Insurance

WTW to harness ongoing ‘climate prediction revolution’ with CU Boulder

Partnership aims to analyse weather events caused by fluctuation in the Pacific.   11 October 2024

Insurance

Milton and Helene’s joint losses could top $100bn, threaten insurer profitability

Reinsurance market to resume hardening even in a scenario of moderate losses.   10 October 2024

Insurance

Miller appoints new head of Europe following exit

The appointee will remain in the role of head of sports & entertainment.   10 October 2024

Insurance

Milton, Helene to hit Florida property re/insurers hard; 1/1 renewals in jeopardy

1/1 renewals for property reinsurance programmes could be ‘more problematic’, analysts warn.   10 October 2024

Insurance

Munich Re Specialty breaks into new market in Europe

It has made two hires to build a local team and will start underwriting in 2025.   10 October 2024

Insurance

Markel looks to grow international jeweller block portfolio

Its new head brings experience from Convex, Fidelis, Arch and Tysers.   10 October 2024

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