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State Farm has paid out nearly $500mn on California wildfire claims

The company received over 10,100 home and auto claims as of January 27.

Danielle Ling, 28 January 2025
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
Radix ILS formed in Bermuda with Ali as CEO

The platform will match partner capital to provide capacity for reinsurance placements.

Jai Singh, 27 January 2025
CatIQ pegs Jasper wildfire loss at more than C$1.2bn

Compared with its initial figure, CatIQ’s latest estimate has increased by 40%.

Abbie Day, 27 January 2025
ILS returned 15.1% for Dutch pension manager PFZW in 2024

PFZW’s insurance allocation stood at $8.7bn as of year-end.

Jai Singh, 27 January 2025
Securis adds Armand Foy to North America-focused investor relations role

He joins from Pillar Capital and will be based in Bermuda and New York.

Jai Singh, 27 January 2025
Top tier ILS manager capital base grows 4% to $86.8bn as of January

Fermat stayed in the top spot surpassing $10.0bn for the first time.

Jai Singh, 27 January 2025
Cat bond sponsors targeted $860mn of new limit last week

Secondary market pricing indicated anticipated California wildfire losses.

Jai Singh, 27 January 2025
Envelop Risk adds Bell and Welton to management team

Graeme Bell (pictured) will continue in his role as group legal officer.

Jai Singh, 27 January 2025
MS Amlin launches partnerships unit

Deputy CUO Sam Geddes will lead the division.

Rachel Dalton, 27 January 2025

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