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Digests
Daily Digest: Top news from 24 October
A roundup of all the news you need today, including a LMA report on the need for insurers to understand insureds’ low-carbon transition.
Insurance Insider team
,
24 October 2024
UK and Europe
S&P upgrades Talanx financial strength rating
The agency cited the group’s increased earnings diversification and improved resilience.
Jai Singh
,
05 February 2025
Catastrophe losses
State Farm pegs LA wildfire direct losses at $7.6bn
The carrier has paid $1.75bn on around 9,500 claims filed from the wildfires.
Abbie Day
,
26 February 2025
Brokers
Aon posts 6% Q4 organic growth and hails strong momentum into 2025
The broker introduced 2025 guidance for mid-single-digit or greater organic growth.
Samuel Casey
,
31 January 2025
Lloyd’s has room to grow in reinsurance: Neal
The CEO said standardising wordings to drive syndicated distribution could help Lloyd’s grow.
Fiona Robertson
,
09 September 2024
Reinsurers
GIC Re regains A- financial strength rating from AM Best
The ratings agency said the upgrade reflects an improvement in GIC Re’s balance-sheet strength.
Abbie Day
,
14 October 2024
Daily Digest: Top news from 19 August
A roundup of all the news you need today, including an insured loss estimate following the cancellation of three Taylor Swift concerts in Vienna.
Insurance Insider team
,
19 August 2024
CatIQ Canadian cat tally of C$5.2bn shows 2024 as costliest year on record
The estimate from the Perils-owned company does not include any losses from Hurricane Debby.
Rebecca Perkins
,
10 September 2024
Bermuda
Axis expects to grow primary casualty book next year: CFO
The company’s reshaping of the book will be substantially completed by year end.
Kyoung-son Song
,
31 October 2024
Lloyd’s sees ‘the makings of a supercycle’ after bumper H1 profits: Neal
The executive said that the market was in a protracted period of stable underwriting and capital.
Samuel Casey
,
05 September 2024
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