Archive

Munich Re posts €5.7bn profits in 2024, predicts €1.2bn LA wildfire loss

Reinsurer says LA wildfires to be the costliest wildfire in its history

State Farm General says it "would be insolvent" without reinsurance for LA fires

SFG meets California's Insurance Commissioner today to request 22% rate hike

IAIS wants us to "share their pains", says NAIC president

Commissioner Godfread issues robust defence of US insurance system

Insurance Council of Australia wants A$30bn flood defence fund

Solvency UK refinement could drive uptake of internal models

But adopting an internal model puts CROs in the spotlight, warns Barnett Waddingham

A first peek at insurers' transition plans

A handful of insurers have released plans that describe how they will help limit global warming and remain relevant in a net-zero economy. Joshua Geer compares the results and picks out highlights

Sidecar strategy expands in asset-intensive reinsurance, says AM Best

But the rating agency warns of potential counterparty concentration risk

Phoenix Group's Andy Briggs becomes ABI president

Lloyd's safeguarding sensitive information as John Neal prepares move to Aon

Debate arises over Lloyd's CEO access to sensitive market data during transition

UK's PRA revises policy approach following insurer input

Growth and competitiveness objective embedded in regulator's framework