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Claims and losses
Lessor settlements: Narrowing loss expectations amid ongoing litigation
Settlements could reduce seized aircraft quantum to the mid-single billions of dollars.
Rebecca Perkins
,
13 February 2025
Catastrophe losses
Lancashire pegs California wildfire losses at $145mn-$165mn
The carrier is “extremely well capitalised” to achieve its strategic ambitions.
Abbie Day
,
13 February 2025
Personal lines
State Farm reveals $6.85bn loss estimate from California wildfires in rate filings
The insurer disclosed the estimates as it seeks emergency rate hikes from regulators.
Clark Mindock
,
12 February 2025
Re/insurers
Most carriers anticipate market hardening in next 12 months: Gallagher Bassett
Annual report pegged data and cyber security risks as most cited business challenges.
Clark Mindock
,
12 February 2025
Lloyd’s
Lloyd’s promotes Alexander to director of DA to lead strategy
Last year, Patrick Tiernan issued a warning to syndicates to properly manage their DA portfolios.
Stephanie Denton
,
12 February 2025
Legacy
Run-off deals totalled $6.6bn in 2024 with ‘trifurcation’ of size: PwC
The second half of the year was significantly more active for the legacy market.
Samuel Casey
,
12 February 2025
Energy
Convex takes Starr’s Rose for upstream energy
The upstream market has undergone a period of high personnel movement.
Samuel Casey
,
12 February 2025
Talent
Lockton to build out airline and aerospace book under Costin
The former Marsh aviation CEO is expected to join Lockton next month.
Rebecca Perkins
,
12 February 2025
In Partnership With
Greenberg Traurig
Exploring Tort Reforms and Evolving Trends in Insurance
Fred Karlinsky, Chair of the Insurance Programme at Greenberg Traurig, discusses Florida's impactful tort reforms, third-party litigation funding, and the booming E&S market's future.
12 February 2025
Catastrophe losses
Suncorp books below-budget H1 natural-hazard costs of A$503mn
The carrier enters H2 with a clean reinsurance programme.
Rachel Dalton
,
12 February 2025
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