News

Insurance

Texas’ TWIA hikes Hurricane Beryl cost estimate; has paid $259m to date

The Texas residual insurer now believes it will completely burn through CRTF reserves.   15 October 2024

Insurance

WTW to transform fleet risk management with new London excess facility

It aims to enable clients to share in both ‘risk and reward’ of their fleet operations.   25 October 2024

Reinsurance

Late hurricanes to keep reinsurance rates elevated, analysts predict

Reinsurers are now under less pressure to cut prices and offer better terms, says BI.   22 October 2024

Insurance

Climate change pushes secondary perils to the fore: Moody’s

What is the real difference between a primary and a secondary peril in 2024?   21 October 2024

Insurance

TWIA shot down on 10% rate hike request following Hurricane Beryl

TWIA last estimated rate inadequacy at 38% for residential policies and 45% for commercial policies.   15 October 2024

Insurance

Specialist Risk sets sights on Asia Pacific with broker acquisition

CEO Downey says it has ‘great plans for building a business in Asia for Asia’.   15 October 2024

Insurance

Lloyd’s LMA strengthens regulatory leadership at ‘important time’ for industry

It says ‘smarter regulation’ can help reinforce the London market’s global reputation.   21 October 2024

Insurance

Top leadership change at Arch as Grandisson to exit

Grandisson to retire from the business after over two decades.   14 October 2024

Insurance

Active Re focuses on strategic growth and innovation

Driving global growth through innovation, partnerships and risk management.   22 October 2024

Insurance

Slice ramps up offering with new mid-market product

The insurtech has expanded its contractors general liability offering.   18 October 2024

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