News

Reinsurance

Natural catastrophe losses of $150bn ‘new normal’: Gallagher Re

Estimated total economic cost of natural disasters was $417bn, says broker.   21 January 2025

Reinsurance

MGU Fidelis Partnership writes private placement on $3.1bn IGPIA treaty

Deal marks IGPIA’s first private placement written in Lloyd’s.   23 January 2025

Insurance

QBE plucks expert with Allianz, Chubb, AIG pedigree for new Europe role

The company seeks to grow its professional indemnity footprint across Europe.   21 January 2025

Insurance

White Bear Group expands MGA with bloodstock unit from Ryan Specialty

Bloodstock unit will operate under a Lloyd’s-backed binding authority agreement.   14 January 2025

Insurance

Analysis: Bermuda voters driven by bread-and-butter issues as new tax takes effect

Corporate Income Tax – largely paid by the re/insurance industry – is unlikely to be central in next month’s election.   21 January 2025

Insurance

US commercial rate growth edges up in Dec to close stable Q4: Ivans

Commercial property sliding from June peak but still double digit; liability goes slow.   23 January 2025

Insurance

US insurers call for LA wildfire cat bonds

APCIA CEO sees way to shore up CA FAIR Plan liquidity.   23 January 2025

Reinsurance

Mercury yet to decide if LA wildfires are single event as claims jump

Treating Palisades and Eaton fires as separate events would have reinsurance implications.   21 January 2025

Insurance

PIB Group expands in Southern Europe with landmark Iberian acquisition

Purchase is most significant deal in Iberian territory to date, says CEO.   20 January 2025

Insurance

FEMA pacts with DRCA to prepare better for disasters

Agreement seeks to boost public-private collaboration in disaster management.   20 January 2025

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