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UK and Europe
City minister Siddiq resigns over alleged Bangladeshi links
Tulip Siddiq said she accepted the UK government was being harmed by the furore.
Rebecca Perkins
,
15 January 2025
Digests
Daily Digest: Top news from 15 January
A roundup of all the news you need, including marine hires at Aon Reinsurance Solutions.
Insurance Insider
,
15 January 2025
Catastrophe losses
State Farm receives over 6,700 wildfire claims
The carrier is the largest writer of homeowners’ multi-peril in the state.
Rachel Dalton
,
15 January 2025
Reinsurance
Lloyd’s exposure to LA wildfires ‘mainly reinsurance streams’: Argenta
Losses are likely to fall within syndicates’ loss budgets, it said.
Rebecca Perkins
,
15 January 2025
Talent
Swiss Re proposes ex-Tryg CEO and former Zurich CFO as directors
Philip Ryan and Sir Paul Tucker will not stand for re-election.
Rebecca Perkins
,
15 January 2025
Cyber
Cyberattacks top risk fear for businesses in 2025: Allianz
The biggest riser in this year’s Allianz Risk Barometer was climate change.
Rebecca Perkins
,
15 January 2025
London market
Market divided: The vexed question of what is needed from the next Lloyd’s CEO
Underwriting oversight is top of the agenda for some, whilst others prioritise progress on tech and operations.
Samuel Casey
,
15 January 2025
Catastrophe bonds
Cat bonds offering lower multiples as $950mn entered the market
Aetna, Inigo and GeoVera were the three sponsors seeking lower multiples.
Jai Singh
,
13 January 2025
Commercial lines
Gen Re’s Abel appointed manager of NA casualty fac as Brock retires
Brock served for nearly 37 years at the firm.
Kyoung-son Song
,
14 January 2025
Personal lines
Milton would have triggered assessment, insolvencies absent reforms: Citizens CEO
CEO Cerio highlighted changes that allowed the insurer of last resort to combine commercial, coastal and personal lines.
Clark Mindock
,
14 January 2025
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