News

Insurance

Storm Éowyn wreaks triple-digit million loss, less than feared

The system may yet rank as ‘costliest and most severe’ in Irish history.   31 January 2025

Reinsurance

Florida cat fund slips in 2024, faces higher hurdles on major event

The FHCF booked loss reserves of $3.5bn for hurricanes Helene and Milton, well below initial estimates.   3 February 2025

Insurance

Generali eyes higher earnings and cash growth with new strategy

Plans to increase cash growth to €11 billion by 2027.   31 January 2025

Insurance

Global softening deepens; only troubled US casualty left as buoy: Marsh

Marsh Global Index major moves: US property, global cyber, select FinPro.   5 February 2025

Insurance

Chubb targets middle market push with strategic Benelux hire

The hire brings 20 years’ industry experience, most recently from NN Group.   31 January 2025

Insurance

CFC pulls all cyber strands together with new global leadership roles

The company claims it now has one of the biggest cyber teams in the market.   31 January 2025

Reinsurance

Wildfires may temper property cat reinsurance softening: GuyCarpenter

Marsh McLennan hopes wildfires can trigger a better trajectory on resilience efforts.   31 January 2025

Reinsurance

Arch Capital elevates global CIO to key operations role

Appointee will retain his CIO duties while overseeing Arch's global services operation.   23 January 2025

Alternative Risk Transfer

MS Amlin expands Phoenix Re sidecar to $90m for 2025

The Asia-focused ILS vehicle’s renewal sees a 12.5% capacity increase from 2024.   29 January 2025

Insurance

Lloyd’s-backed MGA Devonshire builds out contingent risks team with new hire

It has grown to 10 employees as it nears its first anniversary in April.   30 January 2025

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