Archive

Russian aviation and elevated cat losses hinder Fidelis, but premiums surge

The Bermudian group's 2024 combined ratio stood at 99.7%

Bermuda remains the "epicentre" of asset intensive reinsurance

Cayman and Europe and lag as more education needed for regulators in fast-growing market

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