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Claims and losses
Insurance industry ‘behind the curve’ on developing claims talent: Ascot’s Dalton
The executive said claims can be a differentiator in a softening market.
Clark Mindock
,
02 September 2025
Reinsurance
Frequency covers and attachment points focus of 1.1 talks: Gallagher Re
CEO Tom Wakefield said property cat supply is “materially outpacing demand”.
Rebecca Perkins
,
02 September 2025
Specialty lines
TransRe adds to specialty unit with Axa XL’s Swillman
Donna Swillman is currently a senior underwriter at Axa XL.
Rebecca Perkins
,
02 September 2025
M&A
Sompo ratings placed under positive review by AM Best
The action follows Sompo’s $3.5bn all-cash acquisition of Aspen Insurance.
Olivia Royle
,
02 September 2025
London market
Coverys Ltd adds Littlemore and Farnworth to board
Farnworth will also chair the carrier’s audit committee.
Rachel Dalton
,
02 September 2025
Catastrophe losses
Average annual insured property loss rises to $152bn: Verisk
The data modeling firm said losses previously averaged $132bn annually.
Adam Kovac
,
02 September 2025
Renewals
Short-tail reinsurance pricing to fall ~5% at 2026 renewal: S&P
The ratings agency warned negative PYD on US casualty will likely continue.
Rachel Dalton
,
02 September 2025
Reinsurance
Reinsurance capital to grow 7% to $649bn in 2025: AM Best
Signs of discipline indicate a “break” from past boom/bust market cycles.
Liz Bury
,
02 September 2025
Reinsurers
Moody’s Ratings pulls reinsurance sector outlook down to stable
Some 32% of survey respondents expect property cat rates to fall by more than 7.5%.
Jai Singh
,
02 September 2025
Reinsurers
Reinsurers’ ‘heyday’ over as outlook ‘deteriorating’: Fitch
The ratings agency was presenting its outlook ahead of the Monte Carlo Rendez-Vous.
Samuel Casey
,
02 September 2025
M&A
Gallagher Re agrees to acquire Australian broker Steadfast Re
The deal is part of Gallagher’s ongoing Asia-Pacific investment strategy.
Rachel Dalton
,
02 September 2025
Results
Reinsurance dedicated capital crossed $800bn in H1 2025: Gallagher Re
Strong CoRs and investment returns supported profitability in H1 2025.
Mehr Gill
,
02 September 2025
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