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The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals.
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Price has become a key differentiator in marine and energy.
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Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
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Most Covid BI claims are due to lapse in March 2026.
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Insurance Insider reflects on major loss events of 2025 for the London market.
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The downstream market has suffered a string of costly claims this year.
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Los Angeles wildfires and SCS pushed US losses to $89bn.
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As demand rises across the digital asset space for multiple forms of crypto-related insurance, competition is building.
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The storm outbreak follows similar events in the area in 2020 and 2023.
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The outlook flags “large uncertainties” amid possible El Niño through summer 2026.
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The highest portion of losses was experienced in Alberta.
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The mechanism would work similarly to Flood Re.
