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Talent
Tokio Marine promotes Koike to CEO as Komiya becomes chair
The reshuffle follows the departure of board chair Tsuyoshi Nagano.
Rebecca Perkins
,
14 January 2025
Re/insurers
Ark Q4 CoR deteriorates 7 points to 77% on Milton and Helene losses
Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
Rachel Dalton
,
07 February 2025
Financial and professional lines
Ex-Convex financial lines head Hopper hired by Optio
The specialty MGA has been pursuing an M&A strategy in recent months.
Samuel Casey
,
03 April 2025
Commercial lines
US casualty treaty renewals steady amid cat competition
Concern over rate adequacy remains, but reinsurers are delving deeper into data rather than walking away.
Kyoung-son Song
,
23 December 2024
Marine
Marine insurers ‘extremely cautious’ in Red Sea post-ceasefire: Iumi
Iumi expressed concern about the escalation of trade wars.
Samuel Casey
,
07 February 2025
Catastrophe losses
LA wildfire insured losses could reach $16bn: S&P Global
AM Best said it expects insured losses from the California wildfires to be “significant”.
Jai Singh
,
10 January 2025
Claims and losses
Product-recall rates continue to drop as market softens
In the food and beverage market, rates are falling by an average of 3%-4%.
Abbie Day
,
21 January 2025
Catastrophe losses
ILS market sizing Hurricane Milton losses at around $20bn
Moderate impacts to ILS returns are anticipated from Hurricane Milton.
Jai Singh
,
25 November 2024
MGAs/MGUs
Rokstone launches casualty E&S MGA led by Hudson’s Larkins
The MGA will have a broad casualty-focused appetite with Lloyd’s capacity backing.
Samuel Casey
,
24 February 2025
Specialty lines
Markel board taps advisers for business review following Jana feedback
The board will lead the review following feedback from shareholders including activist investor Jana.
Jairo Ibarra
,
05 February 2025
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