Reinsurance

Island appetite remains stable, but early 2025 loss activity has injected fresh uncertainty.

Anna Woolley, Head of Construction for AXIS Global Markets, discusses how they’re tackling the challenges of mega projects, sustainability, and evolving risks in the construction insurance sector.

Both carriers have extensive reinsurance coverage.

The launch is part of MSI’s strategy to expand the capacity of its UK subsidiaries.

Aviation reserve strengthening added 10.1 points to the combined ratio.

This year’s coverage will involve $2.94bn of new risk transfer.

Dickerson has spent over three years at the reinsurance broker.

The market improved on attritional losses in 2024 – but slowing rate growth raises queries over top-line momentum.

The cyber insurance market is poised for growth in 2025, but staying competitive requires innovation and adaptability to new risks. Andy Maher, head of cyber & technology, London, for AXIS, shares insights on industry trends and challenges ahead.

These events can also no longer be considered secondary perils, executives said.

While market underwriting profit slipped 10%, the underlying combined ratio was under 80%.

Some $4.8bn of reinsurance and cat bond limit will come up for renewal in 2025.