News

Insurance

LA wildfires could inflict up to $35bn in losses; new blazes ignite

California's state fire agency has reported two new fires; Hughes and Sepulveda.   23 January 2025

Insurance

SRG ventures into mainland Europe; strikes major acquisition deal

Deal adds new German shareholder, doubles SRG’s staff.   23 January 2025

Insurance

California scolds insurers on wildfire response; FAIR Plan in focus

Legislators, ratings analysts all lining up: FAIR Plan can’t clear its hurdles.   24 January 2025

Insurance

California FAIR Plan said to face wildfires with just $377m in pocket

FAIR Plan CEO suggested in 2024 they couldn't hit their reinsurance attachment points.   15 January 2025

Insurance

Vantage taps Resilience for US distribution leader

The new leader will collaborate with underwriting teams to execute its distribution plan.   22 January 2025

Insurance

Analysis: Bermuda voters driven by bread-and-butter issues as new tax takes effect

Corporate Income Tax – largely paid by the re/insurance industry – is unlikely to be central in next month’s election.   21 January 2025

Insurance

Arch Insurance bolsters London energy division with dual appointments

Appointees will manage offshore energy underwriting and assist in risk assessments.   22 January 2025

Technology

Relm launches trio of AI insurance products

Products designed to help companies cover liability gaps when it comes to AI   15 January 2025

Insurance

Trump tax move does not affect CIT, says Bermuda govt

The US has effectively pulled out of the global corporate minimum tax deal, just weeks after Bermuda introduced the Corporation Income Tax.   24 January 2025

Insurance

Pen inks £420m capacity with QBE, extending 25-year partnership

New multi-year deals cover public authority risks, hazardous goods and environmental industries.   22 January 2025

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