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Trump tax move does not affect CIT, says Bermuda govt
Insurance
Trump tax move does not affect CIT, says Bermuda govt
The US has effectively pulled out of the global corporate minimum tax deal, just weeks after Bermuda introduced the Corporation Income Tax.   24 January 2025
KCC pegs LA Palisades, Eaton fire insured losses at $28bn
Insurance
KCC pegs LA Palisades, Eaton fire insured losses at $28bn
The fires are likely to generate ‘a high volume’ of smoke claims beyond blaze perimeters.   24 January 2025
Lloyd's on track to surpass 2023 premium total
Insurance
Lloyd's on track to surpass 2023 premium total
Confident about beating 2023's £52bn earned premiums.   24 January 2025
Reinsurance
Lockton Re nabs Gallagher Re expert to lead cyber ILS
Appointee has a track record in cyber insurance-linked securities.   24 January 2025
Reinsurance
Aon recruits Gen Re actuary to strengthen new L&H practice in India
New practice will leverage global expertise to support insurers and drive growth.   24 January 2025
Insurance
US insurers call for LA wildfire cat bonds
APCIA CEO sees way to shore up CA FAIR Plan liquidity.   23 January 2025
Insurance
SRG ventures into mainland Europe; strikes major acquisition deal
Deal adds new German shareholder, doubles SRG’s staff.   23 January 2025
Insurance
US commercial rate growth edges up in Dec to close stable Q4: Ivans
Commercial property sliding from June peak but still double digit; liability goes slow.   23 January 2025
Insurance
McLarens boosts Lloyd’s, London presence with in-house talent
New leader will focus on expanding claims solutions across specialty divisions.   23 January 2025
Reinsurance
LA wildfires may cost European reinsurers 30% of cat budgets: Fitch
Budget cost could near 40% if insured losses hit $45bn.   23 January 2025

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