News

Insurance

Convex enters Lloyd’s with Syndicate 1984

Initial target £150m of GWP in 2025, expects to start writing in April.   14 February 2025

Insurance

Miller places $4bn of gross written premiums in 2024

Re/insurance broker posts 12% growth in organic revenues to £271m.   17 February 2025

Alternative Risk Transfer

SRS, Jireh launch Bermuda SPI Strata to serve ILS market

The new company will handle ILS transformer transactions exclusively for clients.   29 January 2025

Reinsurance

Europe's Big Four reinsurers face $638m CA wildfire hit: Berenberg

Still far less than the billion-dollar loss reinsurers paid out on back in 2018.   18 February 2025

Reinsurance

Signs of softening in LatAm prospects

Survey: Insurers see obstacles ahead with concerns over climate and regulation.   11 February 2025

Insurance

Opportunity but volatility in LatAm’s insurance sector: Fitch

The Latin American insurance markets offer great opportunity, but as claims from cat losses rise, premiums have increased and volatility is a persistent concern.   10 February 2025

Insurance

Catastrophe bonds pricing under pressure

Market remains attractive for sponsors and investors: Howden.   13 February 2025

Reinsurance

Sompo folds all overseas re/insurance business into Sompo P&C

Japanese insurance giant reorganises international activity into single entity.   14 February 2025

Insurance

Commercial property premium slows again Q4, now 14 pts off peak: CIAB

CIAB’s broader commercial premium growth index looks stable for a year at just over 5%.   21 February 2025

Reinsurance

Rapid and transparent payment policies prove game-changing in a tough market

“If the parameter is triggered, the client gets paid” Raul Revilla Bernal of Descartes Underwriting tells Miami Reinsurance Today.   10 February 2025

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