News

Insurance

Lloyd’s reveals new CFO as Keese set to exit

Current chief to become strategic advisor, developing risk transfer vehicle London Bridge 2.   30 January 2025

Reinsurance

AXA XL bolsters wholesale strategy in Americas with new leadership

Appointee to drive growth, build partnerships, enhance underwriting.   30 January 2025

Reinsurance

SCOR will likely blow Q1 nat cat budget on California wildfire

But fires could put paid to property cat softening, maybe press on ILS and retro.   4 February 2025

Insurance

CA FAIR Plan pays out more than $700m to homeowners

Nearing $900m attachment point, triggering reinsurance.   10 February 2025

Insurance

State Farm homeowner customers face 22% premium hike

California's largest insurer seeks rate increase to shore up capital.   4 February 2025

Insurance

Surplus lines slowed to 12% growth in 2024; California issues in focus

California premiums rose 19%: 15% in property, 61% in homeowner, 2.6x in auto liability.   12 February 2025

Insurance

Everest toppled: writes $2bn in US casualty reserves; troubles persist

The revolution rolls on: ‘aggressive’ re-underwriting looks about half done, Everest says.   28 January 2025

Reinsurance

SCOR taps political, credit risk head for key UK role

Appointee will oversee its UK underwriting strategy and Lloyd’s syndicate performance.   20 January 2025

Reinsurance

SCOR grows 9.6% at 1.1, focuses growth on specialty and alt-solutions

Retrocession moves and shifting business mix should deliver stable margin on 1.1 book.   4 February 2025

Insurance

SRG ventures into mainland Europe; strikes major acquisition deal

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

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