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Twia to target $1.73bn of reinsurance for 2025 wind season

The state-backed carrier has $2.1bn of Alamo Re cat bond coverage.

Jai Singh, 26 February 2025
Munich Re estimates CA wildfire claims outlay at $1.3bn

Hurricane Milton accounted for 60% of the firm’s Q4 large loss tally.

Jai Singh, 26 February 2025
EUR1.2bn LA wildfire loss won’t impact 2025 EUR6bn target: Munich Re

The carrier expects the market loss to land at $35bn-40bn.

Rebecca Perkins, 26 February 2025
State Farm pegs LA wildfire direct losses at $7.6bn

The carrier has paid $1.75bn on around 9,500 claims filed from the wildfires.

Abbie Day, 26 February 2025
WR Berkley expands Lifson Re to $418mn of equity

The firm ceded $417mn of premiums to the sidecar in 2024.

Liz Bury, 25 February 2025
Elementum’s Njord seeks to exploit cat bond market’s US wind concentration

UCITS fund diversification targets limit their capacity for US wind bonds.

Liz Bury, 25 February 2025
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
Sanders Re launch adds $300mn bringing total volume offered to $1.1bn

Pricing fell by 13.5% on a weighted average basis across deals that updated last week.

Jai Singh, 24 February 2025
Florida: Demand, resilience, LA spillover will all be talking points

Several Florida start-ups are poised to begin writing business this year.

Fiona Robertson, 24 February 2025
QBE lowers reinsurance retention on US risks by 15% to $300mn

Modest increases to reinsurance costs were partly offset by the Australia cyclone pool.

Jai Singh, 21 February 2025

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