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Sompo will integrate global P&C in bid to unify underwriting culture
Insurance
Sompo will integrate global P&C in bid to unify underwriting culture
Sompo International’s Shea asked to bring global best practice to Japanese home market.   12 March 2025
Australia gets new flood model after cyclone Alfred wreaks havoc
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
Lloyd’s expects $2.3bn hit from California wildfires
Insurance
Lloyd’s expects $2.3bn hit from California wildfires
Preliminary 2024 profits down, combined ratio rises 3%.   10 March 2025
Insurance
Australian insurers receive more than 9,000 cyclone Alfred claims
Thousands more claims are expected over coming days and weeks, says Insurance Council of Australia.   10 March 2025
Insurance
Fortitude reinsures $3.4bn of Unum long-term care reserves
28 February 2025
Reinsurance
Florida’s Citizens seeks $2.9bn at mid-year renewals in bulkier tower
PML target fell 25% year on year but Citizens may add treaty, reduce threat of surcharges.   11 March 2025
Reinsurance
Lockton Re draws Gallagher Re leader to build specialty ‘bench strength’
Senior hire brings experience from Aspen Re, Allianz Re, Chord Re and Wills Re.   10 March 2025
Insurance
Insurer carrier M&A slumped to 16-year low in ’24 – can 2025 spark rebound?
Insurers hunkered down in face of rising costs, global instability.   12 March 2025
Reinsurance
Pool Re to explore terrorism cover as standard for SMEs
State-backed reinsurer sees protection gap leaving wider UK economy exposed.   10 March 2025
Insurance
Gallagher pushes close of $13.5bn mega deal for AssuredPartners
US antitrust regulators need more information before deal can close.   10 March 2025

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