Reinsurance increases expected for P&I Clubs into 2026: Gallagher
Dec 23, 2024 · The newest marine P&I renewal report from Gallagher has predicted that there may be more reinsurance increases in the next two years. This comes as clubs look to demonstrate to their boards ...
Four trends Insurance Insider will be covering in 2025
Nov 12, 2024 · Four trends Insurance Insider will be covering in 2025 Growth vs discipline, smart follow and M&A mean 2025 will be a mixed bag for London.
Munich Re pegs insured nat cat loss bill at $140bn in 2024
Jan 9, 2025 · Natural disasters resulted in an industry loss of $140bn in 2024 – up from $106bn in 2023 – with insured losses considerably higher than the inflation-adjusted averages of the past 10 and 30 ...
High reinsurer confidence at 1.1 renewals expanded capacity: …
Jan 2, 2025 · Improved operating performance and stronger balance sheets “boosted reinsurers’ confidence” heading into 1 January renewals and expanded capacity, according to Gallagher Re.
TSR forecasts 2025 Atlantic hurricane activity to be close to 30 …
Dec 10, 2024 · Tropical Storm Risk (TSR) has predicted that Atlantic hurricane activity in 2025 will be close to the 1991-2020 climatology, while acknowledging large uncertainties in the outlook.
Everest explored massive legacy deal as part of casualty …
Jan 9, 2025 · Late last year, Everest Global tested the legacy market’s appetite for a deal to protect a $2.5bn-reserve portfolio dominated by long-tail US insurance reserves, as one of a number of steps ...
Specialty reinsurers widen PVT coverage as competition mounts at …
Dec 17, 2024 · Specialty reinsurers are widening the political violence coverage they are prepared to offer in the run-up to 1 January renewals as they look to defend top-line income in a competitive market ...
Volante 1699 lands capital for £350mn GWP target in 2025
Dec 10, 2024 · Volante Syndicate 1699 has finalised capital support for a plan to write gross premium of £350mn ($446mn) at Lloyd’s in 2025, as it has withdrawn from two classes of business, Insurance Insider ...
IG confirms $3.1bn re structure after ‘challenging’ Baltimore year
Dec 18, 2024 · The International Group of P&I Clubs (IG) has confirmed the structure for the renewal of its $3.1bn excess of loss reinsurance contract following a year of higher pool claims and the Baltimore ...
Insurance News | Insurance Insider
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