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Perils ups Central Europe and Italy flood loss estimate to EUR2.19bn

Most of the industry losses occurred in Austria, the Czech Republic and Poland.

Abbie Day, 20 March 2025
BSX owner MIH is to acquire Guernsey’s TISE for $92mn

Guernsey’s TISE listed the world’s first private cat bond issued by Solidum Re in 2011.

Jai Singh, 19 March 2025
Reinsurers’ wildfire pain will vary but some cat books may not break even

Sources warned some property XoL books are already running 50% loss ratios.

Fiona Robertson, 19 March 2025
Elementum Advisors names Davis and Barker as CIOs

Founding partners DeCaro and Rettino will continue to provide oversight and investment advice.

Liz Bury, 18 March 2025
Pool Re targets $126mn Baltic Re PCC terrorism cat bond

This will be the third cat bond issuance through Baltic Re PCC.

Liz Bury, 17 March 2025
Andersen expresses confidence in Aon leadership in internal memo

Earlier today, Aon confirmed president Eric Andersen had stepped down from his role.

Abbie Day, 17 March 2025
Aon confirms Andersen’s departure as president

The executive will remain with the firm as a senior adviser to the CEO until mid-2026.

Rachel Dalton, 17 March 2025
Some aggregate indemnity cat bonds may be ‘priced too high’: Icosa

The cat bond manager warned of excess downside risk owing to an accumulation of losses.

Liz Bury, 17 March 2025
Bond pricing softens by around 4% across updated deals

Flood Re’s bond Vision 2039 bucked the trend by pricing up 7% as its secured £140mn ($174mn) of limit.

Jai Singh, 17 March 2025
Midwest tornadoes cause major damage and leave 40 dead

The insurance industry has experienced mounting losses from severe convective storms.

Samuel Casey, 17 March 2025

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