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Catastrophe losses
Verisk pegs Palisades and Eaton fire insured loss at $28bn-$35bn
Losses from the larger fire will amount to $20bn-$25bn, the modeller said.
Rachel Dalton
,
22 January 2025
California Wildfires a ‘Manageable’ Event for the Industry: ABIR’s Huff
While significant, the fires are expected to be an earnings rather than a capital event for the industry, John Huff, CEO of the Association of Bermuda Insurers & Reinsurers, said.
12 March 2025
Property treaty
Global cat rates fall 6.6% at 1 January: Guy Carpenter
In the US, pricing fell by 6.2% at the major renewal.
Rachel Dalton
,
06 January 2025
Personal lines
Everest’s Andrade leaves for president and CEO role at USAA
He succeeds Wayne Peacock, who retires this year after four years of service.
Kyoung-son Song
,
08 January 2025
Brokers
Reinsurance had 'modestly negative' rate impact in Q4: Aon CFO
Aon saw lower rates in reinsurance as capacity outstripped demand.
Caroline Ryan
,
31 January 2025
Legacy
Compre reports net loss of $60.2mn in H1 2024
The result was impacted by recent adverse development on a liability portfolio.
Ayesha Venkataraman
,
13 December 2024
Digests
Daily Digest: Top news from 18 February
A roundup of all the news you need, including the aircraft crash at Toronto Airport.
Insurance Insider
,
18 February 2025
Brokers
AJ Gallagher confirms acquisition of THB Chile from Amwins
Earlier this month this publication revealed that the brokerages were in advanced talks to secure a deal.
Jairo Ibarra
,
21 November 2024
Brokers
Gallagher promotes Bassett and Brookes within specialty unit
The pair will lead crisis management and financial lines, respectively.
Rachel Dalton
,
17 December 2024
KCC pegs Debby losses at $1.4bn in flash estimate
The bulk of the losses relate to wind damage.
Jai Singh
,
15 August 2024
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