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Reinsurers on the hook for just 3% of LA wildfire insurance losses
Reinsurance
Reinsurers on the hook for just 3% of LA wildfire insurance losses
CoreLogic lifts insured loss estimate to $45bn but reinsurers get off lightly.   17 January 2025
AXIS Capital forms new specialty insurer
Reinsurance
AXIS Capital forms new specialty insurer
Start-up special purpose insurer Perren Re was also licensed by the BMA.   17 January 2025
Markel swoops for casualty manager in Australia from Chubb
Insurance
Markel swoops for casualty manager in Australia from Chubb
New hire joins company after 12 years at Chubb, brings experience from Marsh.   16 January 2025
Insurance
Westfield Specialty bolsters professional indemnity book
Appointments underline growth ambitions, says specialty insurer.   16 January 2025
Insurance
Bermuda regulator licences digital insurer
Soter Insure will offer D&O insurance, asset loss coverage and smart contract insurance.   16 January 2025
Reinsurance
Ascot plucks Everest VP for key US partnership engagement role
Appointee will team up with the US group to boost specialty insurance solutions.   6 January 2025
Insurance
Protecdiv takes on full-time CFO
Hires industry veteran to help grow business in Philadelphia, nationwide.   17 January 2025
Insurance
Ryan Specialty to acquire cat MGA Velocity Risk for $525m, excluding E&S carrier
Commercial property insurer FM to acquire E&S carrier Velocity Specialty Insurance.   8 January 2025
Reinsurance
CCR Re nabs former SCOR actuary to strengthen underwriting
The company seeks to strengthen its presence in the French life market.   7 January 2025
Insurance
Los Angeles wildfires could cost insurers up to $10bn: JPMorgan
Arch Capital and RenaissanceRe are most exposed reinsurers, says US bank.   9 January 2025

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