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Marine
Hull softening in Q1 most acutely felt in London: Gallagher
Technical pricing is insufficient in some areas and inflation is biting into margins.
Samuel Casey
,
14 April 2025
London market
Hiscox Q1 premiums up 2.4% to more than $1.5bn
The carrier reported a 3% price reduction across London market business.
Rachel Dalton
,
01 May 2025
Energy
Rate decreases ‘ramping up’ in downstream despite loss-hit Q1: Willis
Softening in the upstream market has also accelerated beyond expectations.
Samuel Casey
,
09 April 2025
Capital markets
Cat bonds to provide up to 72% of Florida Citizens’ 2025 re programme
The state insurer of last resort is set to purchase $2.89bn of reinsurance this year.
Jai Singh
,
02 May 2025
Lloyd’s
Antares grows GWP 54% to $1.1bn and passes legacy ‘pivot point’
Growth was driven by Lloyd’s Syndicate 1274 and Antares Re.
Stephanie Denton
,
03 April 2025
Catastrophe losses
Hurricane Helene losses will likely be larger than Idalia: AM Best
The ratings agency expects insured losses of around $5bn for Helene.
Kyoung-son Song
,
27 September 2024
Claims and losses
A&H market facing $15mn-$25mn loss from Yankees pitcher injury
The market is also facing potential losses from injuries to NFL stars.
Ayesha Venkataraman
,
07 May 2025
Catastrophe losses
Ark posts 94% Q1 CoR, $75mn LA wildfire net loss
Ark's combined ratio included 25 points of catastrophe losses in Q1.
Rebecca Perkins
,
07 May 2025
Re/insurers
Axa XL plans limited commercial D&O offering to mid-market
The carrier will focus on mid-market business outside of Lloyd’s.
Samuel Casey
,
13 May 2025
Re/insurers
Cost of worst-case Helene track could exceed $15bn: Howden Re
In the best-case scenario, a Big Bend-landing storm could cost $3bn-$5bn, Howden Re said.
Rachel Dalton
,
25 September 2024
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