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LA wildfires could inflict up to $35bn in losses; new blazes ignite
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
Travelers renews property cat 1.1 with limit flat at $8bn
Reinsurance
Travelers renews property cat 1.1 with limit flat at $8bn
Property cat treaty shifted to higher layers; casualty treaty moved lower.   23 January 2025
Everest confirms permanent chief executive
Insurance
Everest confirms permanent chief executive
Incumbent has been acting CEO since early this month.   23 January 2025
Reinsurance
MGU Fidelis Partnership writes private placement on $3.1bn IGPIA treaty
Deal marks IGPIA’s first private placement written in Lloyd’s.   23 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
Insurance
Descartes launches parametric tornado damage policy
Claims product is next generation parametric insurance.   23 January 2025
Insurance
Milestone acquisitions and global expansion: ASIC’s year of progress
ASIC CEO Barder reflects on major achievements and is ready for more.   23 January 2025
Insurance
Insured losses reach $145bn in 2024: Aon
The broker said the protection gap was 60% as world suffered record temperatures.   22 January 2025
Insurance
Howden’s DUAL rolls out cyber product aimed at small businesses
The solution drops cyber risk forms for SMEs and reduces questions for complex accounts.   22 January 2025
Insurance
Pen inks £420m capacity with QBE, extending 25-year partnership
New multi-year deals cover public authority risks, hazardous goods and environmental industries.   22 January 2025

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