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 …
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 …
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 …
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 …
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1699 has finalised capital support for a plan to write gross premium of £350mn ($446mn) at Lloyd’s in 2025, as it has withdrawn from two classes of …
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 …
Insurance News | Insurance Insider
5 days ago · Read the most important stories in the property and casualty insurance market. Insurance Insider's team has thoughtful coverage of industry news.