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 ...

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

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

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

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

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

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.

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

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

Willis has promoted Derrick Easton to global head of alternative risk transfer (ART) and head of Western Europe for risk & ...