AM Best said it expects reinsurers’ exposure to the California wildfires to be “significant” but “manageable”. In commentary ...

Markel’s international fine arts and specie book will receive the highest impact from the expected $90mn-$130mn California ...

Marine war insurers remain “extremely cautious” about risks in the Red Sea following the Israel-Hamas ceasefire, according to ...

Florida now has 7.58 million active insurance policies, marking an increase of over 130,000 in the past year. The overall ...

Aircraft lessors Avolon and BOC Aviation have reached a settlement in Irish courts over losses arising from the Russian ...

The recent Moss Landing battery fire has caused “a shock to confidence for the underwriting community”, according to Nardac ...

Gallagher Securities has appointed Jason Bolding as CEO, with Bill Dubinsky moving to the role of chairman. As CEO, Bolding’s ...

German insurer Talanx is expecting group net profit of EUR1.9bn ($2.1bn) for 2024, based on consolidated unaudited figures.

Allstate’s 2024-25 nationwide excess catastrophe reinsurance provides coverage for events of up to $7.9bn of loss, less ...

Finally, the big news this week came in facilitisation. We revealed Willis is working on the launch of a follow-form facility ...

Legal experts convened by the Lloyd’s Market Association (LMA) have warned of grey areas around the use of syndicated market ...

TransRe has promoted Lousie Rose to international president, and Kyle Rhodes to America president. TransRe also confirmed the ...