News

Insurance

US P&C carriers return to underwriting profit in ’24; glitches remain

Homeowners could be on track for seventh straight year of losses in 2025, APCIA warns.   21 March 2025

Reinsurance

TWIA heads to market mid-year hunting $1.7 billion in reinsurance

Massages its models to cap its needs, going with most forgiving forecasts.   26 February 2025

Insurance

Farmers puts California wildfire net losses at $600m

Estimate net of its per-occurrence reinsurance programme and gross of tax.   19 February 2025

Reinsurance

TWIA may face 32% increase in reinsurance limit purchase in 2025

Increase comes on a low double-digit rise in model PMLs and a hope to cut retentions.   20 February 2025

Insurance

Four top cat modellers file for California wildfire model approval

The race for model approval began as insurance pricing reform took effect January 1.   3 February 2025

Insurance

Travelers faces $1.7bn loss from California wildfires

Estimated assessments from California FAIR Plan and reinsurance recoveries included.   11 February 2025

Insurance

CA FAIR Plan pays out more than $700m to homeowners

Nearing $900m attachment point, triggering reinsurance.   10 February 2025

Insurance

LA wildfires could inflict up to $35bn in losses; new blazes ignite

California's state fire agency has reported two new fires; Hughes and Sepulveda.   23 January 2025

Reinsurance

LAUNCHING TODAY: a newsletter for Miami Reinsurance Week

Miami Reinsurance Week has developed into a key event for risk-transfer professionals doing business in Latin America. It now has its own newsletter, thanks to Intelligent Insurer.   10 February 2025

Insurance

Mercury General faces $1.7bn LA wildfire losses

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

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