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Swiss Re expands Matterhorn Re bond from $150mn to $210mn
The reinsurer has issued updated pricing for the instrument.
Rachel Dalton
,
27 January 2025
Guy Carp pegs Eaton, Palisades insured loss at $30bn-$40bn
Guy Carpenter said personal lines exposure would account for 85% of the aggregate loss.
Abbie Day
,
24 January 2025
Lockton Re expands cyber offering as Norris hire confirmed
Theo Norris joins from Gallagher Re, which brokered one of the first 144A cyber cat bonds.
Jai Singh
,
24 January 2025
Fitch revises Mercury General’s outlook to negative, citing LA wildfire concerns
Fitch said 1Q wildfire losses could add 6% to 10% to Mercury’s CoR.
Clark Mindock
,
23 January 2025
AM Best removes Scor’s A rating from under review
The reinsurer has made improvements to its life and health segment, it said.
Rachel Dalton
,
23 January 2025
PCS Milton loss estimate rises 15% to $17.2bn
The industry loss number has increased threefold from an initial $5bn pick.
Jai Singh
,
23 January 2025
KCC estimates LA wildfire insured loss at $28bn
The total includes fire and smoke damage plus living expenses for evacuees.
Rachel Dalton
,
23 January 2025
Evacuations ordered as another wildfire breaks out in Los Angeles County
The fire started Wednesday morning and is currently 0% contained.
Caroline Ryan
,
22 January 2025
Everest Group appoints Williamson as permanent CEO
He was appointed acting CEO earlier this month, after Andrade’s departure.
Clark Mindock
,
22 January 2025
Aon pegs global 2024 insured losses from natural disasters at $145bn
Total economic losses were $368bn, 14% above the 21st century average.
Caroline Ryan
,
22 January 2025
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