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Insured losses for Texas storms could reach billions of dollars: Aon

Most of the losses are attributable to a supercell storm in Texas.

Jai Singh, 30 May 2025
Palomar completes 1.6 reinsurance placement with $3.53bn for earthquakes

The company also has $100mn for US hurricane events.

Clark Mindock, 29 May 2025
Universal subsidiaries place $2.5bn 2025-2026 reinsurance tower

The Floridian also secured $352mn of multi-year coverage extending to 2027.

Kyoung-son Song, 29 May 2025
ILS capacity drove above-average top layer rate cuts at 1.6: Howden Re

Property cat XoL rates were off by around 10% on average on a blended risk-adjusted basis.

Jai Singh, 29 May 2025
ILS Advisers Index posts 0.49% gain in April

The index provider revised up its return for March by 0.39 percentage points to 1.21%.

Liz Bury, 29 May 2025
Industry veterans Bonneau and Bredahl launch MGU investment vehicle Novel

Bredahl has been appointed CEO and Bonneau as chairman.

Abbie Day, 29 May 2025
GastroSocial pension fund allocates ~$248mn to ILS

The Swiss pension fund has not disclosed an ILS allocation before.

Jai Singh, 28 May 2025
AM Best assigns A- FSR to Peak Re North America

The Peak Re subsidiary mainly writes US motor and casualty reinsurance.

Kyoung-son Song, 28 May 2025
Travelers sells most of Canadian P&C business to Definity for $2.4bn

The deal leaves premier surety as Travelers' sole Canadian portfolio.

Adam Kovac, 28 May 2025
Property litigation down 30% since Florida’s tort reforms: Yaworsky

Florida’s top regulator says he’s eyeing eventual tweaks to the state’s cat fund, too.

Clark Mindock, 28 May 2025

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