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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
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
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
Coverys Ltd adds Littlemore and Farnworth to board

Farnworth will also chair the carrier’s audit committee.

Rachel Dalton, 02 September 2025
Average annual insured property loss rises to $152bn: Verisk

The data modeling firm said losses previously averaged $132bn annually.

Adam Kovac, 02 September 2025
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 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
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’ ‘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
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

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