News

Insurance

Lloyd’s Market LA wildfire losses ‘manageable’: APCL

Reinsurance streams most affected after insurers reduce direct exposure.   15 January 2025

Insurance

LA wildfires threaten insurers’ budgets as losses mount to historic highs

Insured losses could hit up to $20bn, early estimates reveal.   10 January 2025

Reinsurance

Cat bond issuance hits record $17.7bn

The overall market is almost $50bn as investment returns remain strong.   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

Insurance

Sixth Street agrees strategic partnership with Northwestern Mutual Life

The agreement extends the investment manager’s involvement in insurance.   9 January 2025

Insurance

LMA lauds Neal’s leadership in tackling longstanding Lloyd’s issues

John Neal has decided to exit Lloyd’s following six years as CEO.   9 January 2025

Insurance

Aon joins forces with Moody’s to streamline credit risk management

The global referral agreement will initially roll out in Europe, with plans for expansion.   8 January 2025

Reinsurance

Lloyd’s CEO Neal to leave for Aon at ‘critical time’ in re/insurance

Aon has hired the industry veteran to lead its global reinsurance and climate solutions.   8 January 2025

Reinsurance

Palomar expands into surety insurance market

It sees the surety market as a ‘highly profitable’ sector with strong growth potential.   3 January 2025

Reinsurance

1/1 renewals see US stability, UK rate softening, better targets in EMEA & Asia

April renewals in Japan to test reinsurers’ ability to balance growth with attractive ratings.   3 January 2025

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