News

Insurance

California moves to bolster FAIR Plan with debt; members to pony up

California residual player looks 'unlikely' to afford a major event, lawmakers admit.   13 January 2025

Insurance

US commercial property rates will slip Q1 in selective growth drive

Brown & Brown expects ‘moderate to noticeable competition’ for the market’s best risks.   14 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

Insurance

M&A to rebound in 2025 but buyers stay cautious: Gallagher Specialty

US recovery to be driven by stable rates and ‘more favourable’ regulatory environment.   17 January 2025

Insurance

Phoenix Specialty unveils new MD in leadership shuffle

The current leader moves up to CEO of Phoenix Global.   20 January 2025

Insurance

Charles Taylor taps director to oversee Brazil operations

Appointment follows the company’s recent opening of a new office in Rio de Janeiro.   15 January 2025

Reinsurance

Reinsurer profits to stay strong in 2025: Fitch Ratings

Combined ratios to hover around 90% in 2025.   16 January 2025

Insurance

Los Angeles wildfires may have already cost up to $30bn in losses

Analysts believe current California wildfires are a 1-in-30 or 1-in-20-year event.   16 January 2025

Insurance

Los Angeles wildfire losses to hit primary market hardest

European conglomerates AXA XL and Zurich may have commercial lines exposure.   13 January 2025

Technology

WTW launches Asia cyber insurance facility

Cyber facility targets insurers in Singapore and Hong Kong.   13 January 2025

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