News

Insurance

Fusion Specialty partners with London insurtech to grow in M&A market

Insurtech’s system to support underwriting, automate and standardise processes.   27 February 2025

Insurance

Markel bolsters marine hull and war leadership

The new hire will spearhead its marine hull and war underwriting strategy in Singapore.   26 February 2025

Insurance

State Farm under fire for ‘playing around’ with California rate demands

The carrier has a nationwide ‘laundry list’ of regulatory non-transparency, Lara says.   20 March 2025

Reinsurance

Swiss Re P&C profit slumps 20% as casualty reserving strain takes toll

Liability reserve strengthening means P&C overshot 87% COR target.   27 February 2025

Reinsurance

Munich Re ups profit goal for 2025 despite P&C Re margin slippage

Global specialty may be the darling for 2025; growth looks strong, margins will tighten.   26 February 2025

Insurance

California approves $1bn assessment to keep FAIR Plan afloat

CA FAIR Plan has already accessed $350m worth of reinsurance.   12 February 2025

Insurance

California regulators push ahead with market reform, despite wildfire impact

Officials tell senators reforming market will rekindle homeowner coverage.   13 March 2025

Alternative Risk Transfer

Catastrophe bond market now worth $50bn: Aon

Q1 cat bond issuance up 61% year on year to hit record high.   2 April 2025

Reinsurance

Berkshire Hathaway shrugs off California wildfire losses near $1.3bn

‘Berkshire can financially and psychologically handle extreme losses without blinking,’ says Warren Buffett.   24 February 2025

Insurance

Clear Group boosts M&A strategy with new leader

Appointee boasts global M&A experience to expand UK, Ireland and mainland Europe strategy.   28 January 2025

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