News

Insurance

MGAA picks new Next Gen chair

Committee represents, supports young MGA professionals.   28 January 2025

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

Reinsurance

Northern Re taps Munich Re’s HSB to expand ILS offering

Appointee will focus on advancing ILS, capital solutions, and deal origination.   14 January 2025

Insurance

MGA Alta Signa secures capacity from US specialty insurer

Addition adds $5m capacity apiece to D&O and FI insurance lines.   27 January 2025

Insurance

Mercury General faces $1.7bn LA wildfire losses

State Farm pays out half a billion dollars in claims.   28 January 2025

Reinsurance

1/1 renewals highlight strategic shifts in reinsurance market

Guy Carpenter’s Jennifer Paretchan shared insights into trends that shaped the renewals and what they signal for the future of reinsurance.   15 January 2025

Insurance

Hartford Mutual makes slew of C-suite changes

Maryland-based insurer promotes from within and hires top talent from rivals.   14 January 2025

Insurance

MGT Insurance launches E&S arm for ‘underserved’ market in the US

MGT Specialty offers customised solutions for unique, hard-to-place risks.   27 January 2025

Insurance

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

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

Insurance

Liberty Mutual reveals property cat reinsurance programme for 2025

The US insurer has disclosed its coverage following the recent California wildfires.   28 January 2025

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