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Catastrophe losses
Kettle puts California fire cost between $11bn-$17.5bn
This could see it surpass the 2017 Camp Fire, which cost around $12.2bn.
Fiona Robertson
,
09 January 2025
Lloyd’s
Inigo Syndicate 1301 grows 2024 profits 18%
The syndicate’s claims ratio worsened due to an “exceptionally active” hurricane season.
Abbie Day
,
21 March 2025
London market
The Week in 90 Seconds: The casualty conundrum; Specialty pricing; Algorithmic UW
Plus the latest people moves and all the top news of the week.
Ayesha Venkataraman
,
13 September 2024
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
Catastrophe losses
Moody's RMS estimates EUR2.5bn-EUR3.5bn insured losses from CEE flooding
Most of the estimated insured losses will be retained by insurers.
Kyoung-son Song
,
01 October 2024
London market
Nexus’ underwriting director of transactional risks exits
Mills joined Nexus in June 2018.
Ayesha Venkataraman
,
04 February 2025
Specialty lines
Helene and Milton decelerate D&F softening but downward pressure persists
The D&F market now expects 2025 renewals to be flat to down 5%
Rebecca Perkins
,
07 November 2024
Catastrophe losses
Perils pegs Australia Christmas storms at A$1.6bn in final estimate
The storms struck Victoria, New South Wales and Queensland.
Rachel Dalton
,
20 December 2024
London market
McGill and Partners moves into Warburg continuation vehicle
The broking business will transfer along with four unknown assets owned by the PE backer.
Adam McNestrie
,
17 December 2024
Personal lines
Fitch revises Mercury General’s outlook to negative, citing LA wildfire concerns
Fitch said 1Q wildfire losses could add 6% to 10% to Mercury’s CoR.
Clark Mindock
,
23 January 2025
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