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Bermuda
RenRe Q4 CoR deteriorated 15.7 points to 91.7% on Milton losses
Hurricane Milton brought the firm net losses of $270mn in Q4, while it forecast up to a $750mn wildfire hit for Q1.
Caroline Ryan
,
28 January 2025
Claims and losses
Global 1-in-200-year cyber industry loss could hit $46bn: Guy Carpenter
This year's modelled outputs have increased across all return periods.
Abbie Day
,
11 February 2025
Bermuda
Everest Group pegs California wildfire losses at $350mn-$450mn
The Bermudian’s wildfire loss estimate was based on an industry loss range of $35bn-$45bn.
Kyoung-son Song
,
03 February 2025
Lloyd’s
Syndicate wildfire losses likely to hit 2024 YoA: Alpha
The members’ agent said 2024 will still be a profitable year for Lloyd’s.
Rachel Dalton
,
15 January 2025
Digests
Daily Digest: Top news from 17 January
A roundup of all the news you need, including Richard Ansted’s resignation from QBE.
Insurance Insider team
,
17 January 2025
Bermuda
CA wildfires will have a positive impact on property cat treaty pricing: Everest CEO
At 1 January renewals, prices dropped 5%-15% for loss-free programmes.
Kyoung-son Song
,
04 February 2025
Catastrophe losses
California declares state of emergency, gets federal aid for Los Angeles wildfires
The fast-moving blazes have prompted evacuations across the city.
Clark Mindock
,
08 January 2025
Renewals
Aviation market resolve tested at renewals in wake of $1bn+ airline losses
Several airlines priced down around time of the Jeju and American Airlines aviation crashes.
Rebecca Perkins
,
11 February 2025
London market
Latest crashes a wake-up call for the aviation insurance market
Aviation premiums have been described as “woefully inadequate” considering rising liability losses.
Rebecca Perkins
,
04 February 2025
MGAs/MGUs
Volante to shut down Edison Motor
The niche auto underwriting cell was the first to launch on the MGA platform.
Rachel Dalton
,
27 February 2025
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