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Bermuda
Hamilton Q4 CoR jumps 5.2 points to 95.4% due to Helene and Milton
Cat losses in the quarter totalled $49.1mn, net of reinsurance, of which $37.8mn was from Milton.
Kyoung-son Song
,
26 February 2025
Specialty lines
Liberty GTS’s head of UK, CEE and MEA Pearson exits for MGA Acquinex
Last month, MGA Acquinex’s 20+ transactional risk team resigned for roles at Howden-owned MGA Dual.
Ayesha Venkataraman
,
26 February 2025
Reinsurance
Property D&F pricing and coverage improving after CA wildfires: Fidelis CEO
The firm projects losses from the fires at between $160mn-$190mn.
Kyoung-son Song
,
26 February 2025
Commercial Lines
Chubb appoints Furby executive chairman
Ana Robic will succeed Furby as EMEA regional president.
Abbie Day
,
26 February 2025
Claims and losses
AerCap discloses $168mn of Ukraine insurance settlements in Q4
Insurers are moving to settle with airline lessors over Ukraine claims.
Samuel Casey
,
26 February 2025
Casualty/GL
Casualty reinsurance woes could put capacity at risk: AM Best
In the absence of interim action, the segment could face an “availability crisis”.
Abbie Day
,
26 February 2025
Specialty lines
Swiss Re goes reinsurance-only in aviation as it exits primary lines
Sources said that the firm was already preparing to drop the book before the spate of losses.
Rebecca Perkins
,
26 February 2025
Reinsurance
Munich Re to expand reporting on global specialty drive
The carrier will look to grow business outside North America.
Abbie Day
,
26 February 2025
Claims and losses
A&H market faces potential losses from NFL quarterback injuries
The US sports disability market has been dubbed the “problem child” due to its volatility.
Ayesha Venkataraman
,
26 February 2025
Property
Beazley hires Foucher as Europe commercial property head
Sara Foucher has held roles at RSA, Swiss Re and XL Catlin.
Ayesha Venkataraman
,
26 February 2025
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