Bermuda
-
The firm pegged industry losses at $35bn-$45bn. -
The start-up has achieved an A- credit rating from AM Best.
-
Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
-
The restructuring arrangement is designed to protect creditors.
-
At 1 January renewals, prices dropped 5%-15% for loss-free programmes.
-
The Bermudian’s wildfire loss estimate was based on an industry loss range of $35bn-$45bn.
-
The MGA and 49% owner SiriusPoint could bring in a new investor.
-
Claims related to California wildfires are "fairly insubstantial" to date, executives said.
-
The capital partners unit was launched via London Bridge 2 in Lloyd’s last year.
-
The carrier’s Q4 CoR decreased 34.8 pts YoY to 94.2% as it reported favorable prior-year reserve development.
-
The reinsurer is ready to deploy additional capacity following the event, but only if prices are commensurate with risk.
-
CEO Jim Williamson said social inflation was a “growing barrier” to a vibrant economy.
Most Recent
-
Howden takes Gallagher’s Bartlett for construction team
19 August 2025 -
Astorg invests in German broker Attikon
19 August 2025 -
Daily Digest: Top news from 19 August
19 August 2025 -
HDI Global increases H1 profit by 24%
19 August 2025