jairo ibarra/jairo ibarra ii ils.png

Jairo Ibarra

Senior Reporter

Contact

email

Jairo Ibarra is a senior reporter with Insurance Insider US. He covers M&A, brokers and transactional liability.

Published by this author:

Cyber

Cyber analytics firm CyberCube in sale talks with Verisk

It is understood that CyberCube has been considering a sale of the business.

Jairo Ibarra, 05 September 2025
Commercial Lines

Berkshire Q2 reinsurance CoR improves as Guard weighs on primary arm

The reinsurance CoR fell 2.3 points to 79.5% while the primary CoR rose 4.7 points to 98.7%.

Jairo Ibarra, 04 August 2025
M&A

Markel sells $1.2bn-premium global reinsurance renewal rights to Nationwide

Nationwide will delegate management of the policies to Ryan Specialty.

Jairo Ibarra, 31 July 2025
Catastrophe losses

Mercury General sells Palisades Fire subrogation rights

Mercury’s recovery from the guaranteed percentage of losses is $47mn.

Jairo Ibarra, 29 July 2025
Catastrophe losses

Mercury General reports net wildfire loss of $414mn with $2.15bn gross hit

The insurer has not decided whether to sell its Eaton subrogation rights.

Jairo Ibarra, 06 May 2025
Florida

Florida’s American Integrity gears up for potential IPO

The insurer has lined up Piper Sandler and KBW to run the process.

Jairo Ibarra, 26 March 2025
Retrocession

Retro and property cat markets 'in sync': Hannover Re’s Althoff

The reinsurer had taken the opportunity to buy more limit across event and aggregate covers.

Jairo Ibarra, 13 March 2025
Catastrophe losses

Berkshire Hathaway expects $1.3bn pre-tax CA wildfire insurance loss

The conglomerate reported after-tax cat losses of $1.2bn related to Hurricanes Helene and Milton in 2024.

Jairo Ibarra, 24 February 2025
Catastrophe losses

Liberty Mutual expects $1.4bn+ in CA wildfire losses: sources

Insurers have paid $6.9bn in Southern California wildfire claims in the first four weeks of recovery.

Jairo Ibarra, 18 February 2025
Commercial Lines

‘Too early to tell’ CA wildfire impact on property pricing: Chubb’s Greenberg

The carrier has been reducing its exposure to the area where the wildfires occurred by over 50%.

Jairo Ibarra, 29 January 2025
Bermuda

Everest reports $1.7bn casualty-driven adverse development ahead of Q4 earnings

The (re)insurer recorded a reserve charge of nearly $1.3bn within its casualty insurance book.

Jairo Ibarra, 27 January 2025
Property treaty

Travelers grows cat treaty by $150mn at 1.1

The carrier’s Milton loss came in below expectations, but its fire claims will be “material” in Q1.

Jairo Ibarra, 22 January 2025
Commercial Lines

Chubb forecasts Q4 after-tax net Milton losses of $208mn-$250mn

The commercial carrier also reported a Hurricane Milton pre-tax net loss forecast of $250mn-$300mn.

Jairo Ibarra, 02 November 2024
Lines of business

TIH’s Starwind confirms $270mn raise for Fractal Re sidecar

The raise includes minority investments from Nationwide, Enstar and others.

Jairo Ibarra, 04 October 2024
Re/insurers

Scor denies takeover talks with Covéa

The denial followed this publication’s report that Covéa had renewed its intentions to buy the reinsurer.

Jairo Ibarra, 11 September 2024
Gallagher Re hires Guy Carpenter distribution chief Mowery

Sources said Guy Carpenter has promoted Jennifer Paretchan to succeed Mowery.

Adam McNestrie, 15 August 2024
HCI reports less than 245 Debby-linked claims so far: COO Coleman

Subsidiaries Core and Typtap have applied to participate in the November Citizens policies assumption.

Jairo Ibarra, 08 August 2024
Berkshire Q2 reinsurance CoR rises 2.9 points to 81.8%

Geico more than tripled underwriting profits.

Jairo Ibarra, 05 August 2024
HO InsurTech Slide sets analyst meeting for possible $200mn-$400mn H2 IPO

A Q3 listing remains a possibility, but the timeline can change rapidly amid storm season.

Jairo Ibarra, 02 August 2024
Slide aiming for $200mn-$400mn IPO within the next year

Sources said that while a late June-early July IPO is still on the table, a Q4 or early 2025 listing is expected.

Jairo Ibarra, 28 May 2024
Heritage secures 2024-2025 reinsurance placement for $422.3mn

First event tower for the Northeast exhausts at $1.1bn, at $1.3bn for Southeast and $750mn in Hawaii.

Jairo Ibarra, 29 April 2024
American Integrity 2024 IPO plans paused amid mounting Ian losses

Sources said preparations for a 2024 IPO were halted, but work could resume later this year.

Jairo Ibarra, 28 February 2024
HCI assumes over 53,750 Citizens policies amounting to $196mn in-force premium

The Floridian was approved for 75,000 policies, made 72,958 offers and assumed 53,750 policies – a 74% acceptance rate.

Jairo Ibarra, 21 November 2023
Artex rebrands cell facilities to Artex Axcell

Artex hopes the rebrand will bring greater efficiency and a higher level of service to clients

Jairo Ibarra, 20 November 2023

Load more