News

Insurance

Apollo adds former XL Catlin veteran to ASML board

The executive served as CEO of XL Catlin Reinsurance London.   3 March 2025

Insurance

MS Amlin, MSIG launch Lloyd’s, company market dual stamp UW capability for brokers

It simplifies trading for brokers with single gateway to Lloyd’s and company markets.   12 March 2025

Technology

Liberty Specialty gets fired up with WTW digital trading platform

LSM adopts real-time specialty risk platform developed by WTW.   11 March 2025

Insurance

Lloyd’s expects $2.3bn hit from California wildfires

Preliminary 2024 profits down, combined ratio rises 3%.   10 March 2025

Insurance

QBE expects losses around $200m from California wildfires

Australian re/insurer sees 2024 profits rise by 31% to $1.8bn.   21 February 2025

Risk Management

Australia gets new flood model after cyclone Alfred wreaks havoc

British data specialist maps Australia flood risk in never-before-seen detail.   12 March 2025

Insurance

California wildfires will dent Lloyd’s property underwriting, Lloyd’s warns

Over 85% of Lloyd’s wildfire losses have been in property class, says market chief.   14 March 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

Reinsurance

Give us a double digit mid-year rate cut or broker heads roll, Citizens warns

Citizens board member warns 10% rate cut is a start, not a ceiling.   18 March 2025

Insurance

Liberty Mutual sees $1.2bn net hit on LA wildfires, reinsurance due

Liberty Mutual’s per-occurrence property cat tower rings in $1bn including cat bonds.   7 March 2025

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