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Catastrophe losses
Gallagher Re pegs Spanish flood insured losses at EUR1.5bn-EUR2.5bn
Only around EUR70mn-EUR140mn will fall to private insurers.
Rachel Dalton
,
07 November 2024
Brokers
Envelop Risk adds Bell and Welton to management team
Graeme Bell (pictured) will continue in his role as group legal officer.
Jai Singh
,
27 January 2025
London market
The Week in 90 Seconds: LA wildfires, Lloyd’s CEO, London rates
Plus, the latest people moves and all the top news of the week.
Jim Robinson
,
17 January 2025
Capital raising
Specialty Risk Re closes $50mn funding round
The investors are led by PE firm NMS Capital Group.
Rachel Dalton
,
20 February 2025
Specialty lines
Atrium posts 99.5% 2024 CoR and reserves £393.4mn for Ukraine aviation
CEO John Fowle said “isolated missteps” had tarnished Atrium’s record.
Samuel Casey
,
07 March 2025
Lloyd’s
Aspen Syndicate 4711 reports 37% increase in 2024 profits
The syndicate expects £5.8mn-£8.6mn in California wildfire claims.
Abbie Day
,
21 March 2025
Talent
Wilson appointed Markel Insurance CEO
Markel Insurance is made up of the firm’s three primary underwriting businesses.
Abbie Day
,
17 March 2025
London market
Trueman to leave CFC as carrier ‘reshapes’ CUO role
CUO responsibilities will now be split out across senior underwriting leadership.
Abbie Day
,
13 February 2025
Catastrophe losses
Hannover Re pegs LA wildfire loss at EUR500mn-EUR700mn
The carrier is likely to exceed its Q1 large-loss budget due to the California wildfires.
Rachel Dalton
,
06 February 2025
Catastrophe losses
Vendor models’ early run estimates show a sub-$3bn Francine industry loss
A sub-$3bn industry insured loss event would be similar to estimates for hurricanes Beryl and Debby.
Jai Singh
,
13 September 2024
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