Insurers

A canvassing of the market showed some bifurcation on the necessity of a government backstop.

The estimate includes private cover for residential, commercial and industrial property.

Arch announced the retirement of CEO Marc Grandisson on Monday, with immediate effect.

The Madrid branch will look to begin underwriting primary specialty insurance in 2025.

PPL plans for iterative releases and a production environment by end of Q1 2025.

The NHC is predicting storm surge, exacerbated by the tide, as high as 15ft for Tampa Bay.

A hurricane warning has been issued for the east coast of Florida.

Space insurers are running at a near-200% loss ratio after booking losses of over $1bn in 2023.

Generali has produced a report with the United Nations Development Programme extolling the virtues of parametric insurance.

Gulf insurers have borne the brunt of reinsurance rate corrections in the past couple of years, but a different, albeit similar market segment is emerging as a focus for concern ahead of this year’s 1 January renewal.