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Catastrophe losses
Fair Plan confirms $900mn retention, $5.78bn re exhaustion point
The carrier has received more than 3,600 claims from LA wildfires.
Rachel Dalton
,
20 January 2025
Reinsurance
Westfield targeting Lloyd’s reinsurance build-out but growth not a priority: Evans
Syndicate 1200 CEO Graham Evans says growth will likely slow in 2025 as the market reaches inflection point.
Rebecca Perkins
,
20 January 2025
Talent
Arch Insurance makes Bottle UK regional managing director
UK regional division CEO Steve Bashford has retired.
Rachel Dalton
,
20 January 2025
London market
London Bridge hits $1.92bn in capital in 2024
The vehicle has $2.55bn in capital committed by institutional investors.
Rachel Dalton
,
20 January 2025
Catastrophe losses
Moody’s RMS pegs LA wildfires insured loss estimate at $20bn-$30bn
There are many unknown factors including insurance gaps, high-value property and damage to critical infrastructure.
Danielle Ling
,
17 January 2025
Catastrophe losses
CatIQ pegs July Ontario flooding at C$991mn
The estimate has reduced slightly since the modeler’s last update in October.
Rachel Dalton
,
17 January 2025
Marine
Axis hires QBE’s Ansted to lead fine art and specie
The appointment comes after the departure of Mark Benbow, who is joining Westfield.
Samuel Casey
,
17 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
Brokers
Gallagher Re adds Loisel in EMEA casualty role
Mathieu Loisel joins the reinsurance broker from New Re.
Jai Singh
,
17 January 2025
Reinsurers
Juniper Re enters London market, appoints Hawke to lead office
Nick Hawke is coming out of retirement to take on the position.
Jai Singh
,
17 January 2025
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