News

Insurance

MGA Alta Signa secures capacity from US specialty insurer

Addition adds $5m capacity apiece to D&O and FI insurance lines.   27 January 2025

Reinsurance

Cyber re/insurers need to solve risks posed by third party IT vendors

Ariel Re’s head of cyber said the CrowdStrike outage demonstrated global vulnerability to systemic events.   30 January 2025

Insurance

Everest toppled: writes $2bn in US casualty reserves; troubles persist

The revolution rolls on: ‘aggressive’ re-underwriting looks about half done, Everest says.   28 January 2025

Insurance

Everest claims US casualty reserve one-and-done; mop-up will be rapid

Everest warns clients must pay single fat renewal to meet underwriting standards.   28 January 2025

Reinsurance

Bermuda general election called

The ruling PLP promises tax cuts ahead of the poll.   9 January 2025

Insurance

KCC pegs LA Palisades, Eaton fire insured losses at $28bn

The fires are likely to generate ‘a high volume’ of smoke claims beyond blaze perimeters.   24 January 2025

Insurance

Ardonagh widens Netherlands offering

Adds two companies focused on Dutch high-net-worth individuals.   24 January 2025

Reinsurance

Aon recruits Gen Re actuary to strengthen new L&H practice in India

New practice will leverage global expertise to support insurers and drive growth.   24 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

Markerstudy lifts new CEO as senior execs return to Ardonagh

Markerstudy’s C-suite duo to drive digital and AI at Ardonagh following Atlanta merger.   24 January 2025

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