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The insurance industry has experienced mounting losses from severe convective storms. -
The agency collects gold standard data and conducts research. Without that, there’s more uncertainty.
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A quick roundup of our best journalism for the week.
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The Democratic senator said increased federal oversight of insurance is not the answer.
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Kathleen Reardon, CEO of Hiscox Re & ILS, discusses the company’s 2024 results, the impact of the California wildfires and leadership development strategies for the next generation.
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The MGA recently secured capacity to write HNW homes in California.
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The carrier was seeking to expand its March 1-renewing program.
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California wildfire losses will be significant but still manageable for Bermuda (re)insurers, John Huff said, as local carriers are leaning into specialty lines growth.
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Admitted insurer withdrawals and rising demand are pushing more entrants into E&S.
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Aviation reserve strengthening added 10.1 points to the combined ratio.
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Four cat modelers have also submitted their tech for regulatory review.
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Some $4.8bn of reinsurance and cat bond limit will come up for renewal in 2025.
