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Catastrophe losses
Munich Re pegs insured nat cat loss bill at $140bn in 2024
Hurricane Milton resulted in the largest insured loss of the year at $25bn.
Rebecca Perkins
,
09 January 2025
London market
Pool Re retro renewal with Treasury opens up more private market opportunity
The changes follow a strategic review of the Pool Re scheme in 2022.
Samuel Casey
,
10 February 2025
Bermuda
Cat activity will moderate downward property pricing pressure: SiriusPoint CFO
The firm is still operating within its catastrophe budget for the year, CEO Scott Egan said.
Kyoung-son Song
,
01 November 2024
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
Commercial lines
‘Too early to tell’ CA wildfire impact on property pricing: Chubb’s Greenberg
The carrier has been reducing its exposure to the area where the wildfires occurred by over 50%.
Jairo Ibarra
,
29 January 2025
London market
Lloyd’s reports 1pp increase in female leadership to 36%
The Corporation saw improvements across all three leadership levels.
Abbie Day
,
12 March 2025
Cyber
CrowdStrike financial loss estimated at $5.4bn: Tokio Marine HCC
In its latest report, the carrier cites the top 10 cyber incidents of 2024.
Abbie Day
,
23 January 2025
Willis takes Lockton’s Johannessen to head marine in Western Europe
The hire is part of a wider expansion across Willis’s specialty business.
Samuel Casey
,
14 March 2025
Marine
London P&I Club premiums increase 13% for 2025
An increase in tonnage from new and existing members drove up income.
Rachel Dalton
,
25 February 2025
Regulation
IUA welcomes FCA move to drop proposed ‘naming and shaming’ change
The regulator has scotched plans to publish details of ongoing investigations.
Rachel Dalton
,
12 March 2025
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