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Catastrophe losses
Mercury’s potential two-event claim flags reinsurer T&C risk
Disclosures show the insurer has roughly 4,300 homeowners’ policies in effect in fire-impacted zip codes.
Adam McNestrie
,
22 January 2025
Digests
Daily Digest: Top news from 22 January
A roundup of all the news you need, including a possible $150mn LA wildfire D&F claim.
Insurance Insider team
,
22 January 2025
MGAs/MGUs
QBE inks £420mn capacity deal with Pen
The insurer has renewed separate three and five-year arrangements.
Rebecca Perkins
,
22 January 2025
Claims and losses
Most CA homeowners’ carriers produced 11-year UW losses: AM Best
Most carriers paid more in homeowners’ claims than they collected in premiums.
Rachel Dalton
,
22 January 2025
Catastrophe losses
Insured weather losses for 2024 hit $145bn: Aon
The broker said disaster data can attract more risk capital.
Rachel Dalton
,
22 January 2025
Property
D&F market braced for $100mn+ wildfire loss from CA Prism risk pool
The pool services a number of public authorities in California.
Rebecca Perkins
,
22 January 2025
Brokers
Opinion: Why it matters that Willis is again called Willis
Heritage and history matter in people businesses, and the storied brand carries real equity.
Adam McNestrie
,
22 January 2025
Energy
Arch promotes Thompson to offshore energy underwriting manager
Former Chaucer natural resources head James Brown joins as an advisor.
Rebecca Perkins
,
22 January 2025
Rates
December loss costs: Not just the price of eggs
Loss-cost indicators are high for liability, low for property.
Amit Kumar
,
21 January 2025
Energy
Power and renewables markets brace for $400mn loss from California battery fire
The Moss Landing facility has previously faced major claims.
Samuel Casey
,
21 January 2025
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