Property Catastrophe

Fidelis Partnership launches casualty MGA to ‘solve’ market challenges
24 March 2025   Bermuda-based MGA sees huge opportunity to meet rising demand for specialty liability products.

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Insurance
The Bermuda reinsurer has received an A- rating and also issued $170m in debt.
Insurance
Some carriers have worked surplus notes to ward off worst of reinsurance hardening.
Insurance
In 2023, more than 40% of flood claims came from outside high-risk flood areas.
Insurance
The reinsurer expects mid-triple-digit million-dollar earnings in the medium term.
Insurance
Homeowners could be on track for seventh straight year of losses in 2025, APCIA warns.
Insurance
The insurer has added additional $92m in net catastrophe losses.
Insurance
Growth below target in ’24 points to a market ready to put margin first, insists outgoing CEO Neal.
Insurance
The carrier has a nationwide ‘laundry list’ of regulatory non-transparency, Lara says.
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24 March 2025   Names new head of global wholesale plus head of strategy for global placement.
24 March 2025   Makes promotions to drive GenAI, digital infrastructure, and rollout of its broking platform.
24 March 2025   Move brings Ignite’s litigation insurance products to insureds, expanding its UK and US footprint.
24 March 2025   Broad promotions span underwriting, analytics, IT and actuarial roles.
24 March 2025   In 2023, more than 40% of flood claims came from outside high-risk flood areas.
24 March 2025   Moves are response to increased social inflation pressures, geopolitical tensions.
21 March 2025   The reinsurer expects mid-triple-digit million-dollar earnings in the medium term.
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