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Regulation
ECB and Eiopa propose public-private reinsurance scheme for nat cats
The bodies said that the benefits of diversity and scale would help improve coverage.
Samuel Casey
,
18 December 2024
Bermuda
Everest Group appoints Williamson acting CEO as Andrade departs
Andrade is taking up a CEO role at another “prominent financial services firm”, Everest said.
Kyoung-son Song
,
08 January 2025
Catastrophe losses
State Farm blows through CA reinsurance cover with ~$8bn LA wildfire loss
The carrier has around $2.5bn-$4bn of reinsurance cover specifically for California risk.
Fiona Robertson
,
30 January 2025
Marine
Reinsurance increases expected for P&I Clubs into 2026: Gallagher
Churn is expected to return to the market in 2025 as scrapping of older fleet accelerates.
Abbie Day
,
23 December 2024
Insider On Air
Live from the PwC Insurance Summit: Navigating the 2024 Insurance Landscape
Robert Wiest, CEO of MS Reinsurance, discusses trends in the casualty market, social inflation and renewal expectations at the PwC Insurance Summit in Bermuda.
20 November 2024
Legacy
Marco closes Coverys 1975 RITC deal
The reinsurance to close transaction is effective from 1 January 2025.
Rachel Dalton
,
14 February 2025
Catastrophe losses
Milton intensifies but set for Cat 3 landfall
Hurricane Milton strengthened from a tropical storm on Sunday to a Category 5 storm yesterday.
Abbie Day
,
08 October 2024
US casualty treaty: Underlying improvements dampen reserving fear
Negotiations are getting tougher, but overall market capacity is stable.
Kyoung-son Song
,
09 September 2024
Property
Zurich three-year plan aims to exploit ‘very new’ market conditions
CEO Mario Greco said his future retirement had nothing to do with bringing the plan forward.
Ayesha Venkataraman
,
21 November 2024
Casualty the ‘key risk’ in otherwise stable reinsurance market: S&P
The ratings agency said reinsurers were reaping the benefits of ‘a long upward trek’ of remediation.
Samuel Casey
,
03 September 2024
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