News

Insurance

State Farm General stares at $7.6bn losses from CA wildfires

Sets out fiscal black hole it finds itself in ahead of crunch meeting with California insurance commissioner.   26 February 2025

Alternative Risk Transfer

Catastrophe bond issuance could hit record $4.3bn in Q1: Aon Securities

Aon Securities boss says 2025 could also see double-digit investor returns.   25 February 2025

Reinsurance

‘Seismic’ cost of wildfires shows reinsurers were right to raise rates: Egan

The SiriusPoint CEO said the company is primed for growth after ending restructuring.   20 February 2025

Reinsurance

SCOR lifts insider to head of agriculture line post departure

The incumbent is set to retire after nearly 20 years.   25 February 2025

Reinsurance

Swiss Re grows at 1.1 as it piles into non-cat property at expense of casualty

Non-cat property added 4 pts to book weighting on 28% growth to balance US casualty cuts.   27 February 2025

Reinsurance

Berkley warms to cooling property lines, could yet up weighting 50%

Property shows an unexpectedly gentle peak; looks better as other lines fade fast.   17 February 2025

Insurance

Price Forbes unveils new Türkiye chief broking officer

Appointee’s technical expertise to ‘make a vital contribution’ to regional growth strategy.   24 February 2025

Insurance

New Gallagher-backed Florida insurer approved to offer P&C coverage

It is led by the chair of Itasca Re, who previously served 19 years at RenaissanceRe.   30 January 2025

Reinsurance

$6bn spent on LA wildfire mitigation could have halved losses: Howden Re

A $6 billion investment in wildfire risk mitigation could have cut the economic losses of the Los Angeles wildfires by nearly 50%, says Howden Re.   11 February 2025

Insurance

Trump casts shadow over risk management conference

US president’s decision to pull out of Paris Accord has big implications for insurers.   30 January 2025

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