News

Reinsurance

US federal emergency agency turns to reinsurers; transfers $758m in risk

FEMA ups number of reinsurers covering catastrophic floods from 18 to 27.   16 January 2025

Reinsurance

Augment Risk lures Swiss Re legacy exec for US retrospective offering

Appointee joins with experience from Aon and CNA Insurance.   16 January 2025

Insurance

Bermuda regulator licences digital insurer

Soter Insure will offer D&O insurance, asset loss coverage and smart contract insurance.   16 January 2025

Insurance

Lloyd’s Market Association to focus on North America in 2025

US and Canada already make up 58% of Lloyd’s market premium.   15 January 2025

Reinsurance

Swiss Re picks ex-Tryg CEO and former Zurich CFO as directors

The industry veterans will be proposed as new board directors at its next AGM.   15 January 2025

Insurance

Lloyd’s Market LA wildfire losses ‘manageable’: APCL

Reinsurance streams most affected after insurers reduce direct exposure.   15 January 2025

Insurance

US P&C growth to slow in 2025; profits remain stable despite uncertainties: Swiss Re

Industry combined ratio to hold at 98.5% in 2025 before edging up to 99% in 2026.   15 January 2025

Insurance

Global warfare biggest risk in 2025, say experts

Experts less optimistic about global outlook than in previous years, says World Economic Forum survey.   15 January 2025

Reinsurance

Gallagher elevates new MD to C-suite to bolster India broking business

Appointee, who has over 35 years experience, will lead 180-member team across offices.   15 January 2025

Reinsurance

1/1 renewals highlight strategic shifts in reinsurance market

Guy Carpenter’s Jennifer Paretchan shared insights into trends that shaped the renewals and what they signal for the future of reinsurance.   15 January 2025

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