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Florida may tap markets for $1.5bn to bolster depleted cat fund
Reinsurance
Florida may tap markets for $1.5bn to bolster depleted cat fund
The net position of the hurricane cat fund (FHCF) had fallen 75% after Hurricane Ian.   25 January 2024
Carbon Underwriting looks to grow specialty portfolio with new head
Insurance
Carbon Underwriting looks to grow specialty portfolio with new head
The MGA says its priority for 2024 is to develop and grow its A&H proposition.   25 January 2024
HDI Global and Liberty Specialty executive join LMG board
Insurance
HDI Global and Liberty Specialty executive join LMG board
Matthew Moore and Phil Hobbs are departing as board members of the LMG.   25 January 2024
Insurance
AXIS ups prior year reserves by $425 million
The move covers reserve developments in 2019 and older accident years.   24 January 2024
Insurance
Ardonagh Specialty’s Price Forbes unveils team for new market entry
Broker eyes huge opportunity for real estate and legal indemnity launch.   24 January 2024
Reinsurance
Reinsurers should brace for softening in 2025
Rates will peak this year, according to Fitch.   24 January 2024
Insurance
2023 economic losses 22% above 21st-century average: Aon
They were driven by earthquakes and severe convective storms.   24 January 2024
Insurance
Ascot attracts UW leaders from Chubb, Liberty for US excess casualty push
The re/insurer plans to grow its excess casualty book across the US.   23 January 2024
Insurance
Nat cat insured losses dip to $118m in ‘23, convective storms stack up
2023 became ‘by far’ the costliest year of SCS in US history at $58bn insured loss.   23 January 2024
Reinsurance
Himalayan Re gets green light for India expansion
The move extends the Nepal-based reinsurer’s reach to 31 countries.   23 January 2024

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