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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
Canopius to raise $125mn Finca Re cat bond for US storm and quake

The carrier previously raised a Finca Re cat bond in 2022.

Samuel Casey, 28 May 2025
Technology Insurance Company unveils $100mn Solis Re cat bond

The company is a wholly owned subsidiary of AmTrust Financial.

Samuel Casey, 28 May 2025
Fidelis’ Herbie Re cat bond upsizes to $90mn

The carrier previously redeemed from a Herbie Re cat bond for California wildfire claims.

Samuel Casey, 27 May 2025
OTPP names Nagarwalla as MD, head of hedge funds and ILS

The pension plan has been allocating to ILS since 2005.

Liz Bury, 27 May 2025
Slide files S-1 with 2024 full year combined ratio of 72.3%

The firm is pressing ahead with IPO plans just ahead of the start of the Atlantic storm season.

Kyoung-son Song, 27 May 2025
Cat bond limit of $500mn placed across three deals last week

The deals covered Euro wind and Italy quake, Florida hurricane and a retro bond.

Jai Singh, 27 May 2025
Mid-year renewal has drawn bond sponsors as risk selection remains key

The ILS market has won market share at the top of programmes as buying expands.

Liz Bury, 27 May 2025

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