News

Insurance

RenaissanceRe eyes $750m possible hit from California wildfire

The group began its calculus from an outlier high estimate of $50bn in industry losses.   29 January 2025

Insurance

Secondary market cat bonds down by up to 20%: AM Best

Exposure to California wildfire losses drive value of cat bonds down, says ratings agency.   6 February 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

Reinsurance

Aon reinsurance arm grows revenue 6% in Q4 2024

Grows organic revenue by 7% year-on-year, hails ‘strong performance’.   31 January 2025

Reinsurance

Changing perils reshape LatAm’s reinsurance market

LatAm’s reinsurance market is evolving – what does the future look like?   10 February 2025

Insurance

Ascot snags Everest underwriting chief for new key role

The executive will optimise its portfolio and analyse market trends for growth opportunities.   22 January 2025

Reinsurance

MGU Fidelis Partnership writes private placement on $3.1bn IGPIA treaty

Deal marks IGPIA’s first private placement written in Lloyd’s.   23 January 2025

Reinsurance

LatAm insurers are embracing parametric solutions: Augment Risk

Augment Risk is seeing demand for its parametric products in Latin America soar. Its parametric lead discusses demand and growth prospects.   10 February 2025

Reinsurance

Life reinsurers support regulatory changes

The sector wants guardrails, not roadblocks to innovation, says BILTIR chief.   6 February 2025

Insurance

Global insurtech funding sinks in 2024 with ‘sharp turn of events’ in Q4

But AI-focused insurtechs still made up over one third of deals last year.   17 February 2025

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