The California wildfires will have an effect on property cat reinsurance rates for the rest of the year, said Arch Capital Group CEO Nicolas Papadopoulo. In tandem with the firm’s Q4 2024 results ...

Alex Mican will step away from his role as head of global strategy and growth at Property Claims Services (PCS) at the end of this week, sources have told this publication.

Airlines including Condor, Air Premia and AlMasria have achieved double-digit rate reductions at their all-risks and hull war ...

Multistrat has added Maryam Abdullah to its executive team as head of pricing, based in Bermuda. Abdullah has worked with the ...

Travelers has announced its preliminary estimate for the Los Angeles (LA) wildfires is $1.7bn pre-tax, or $1.3bn post-tax.

The global 1-in-200-year cyber industry loss could reach $46bn, up 38% on last year’s estimate, according to analysis by Guy ...

McGill and Partners has expanded its digital auto-follow facility Auton to include capacity for onshore renewable energy ...

Specialty MGA Optio Group has appointed Gary Head CUO, effective immediately. Head joins from Axa, where he led its schemes and delegated authority, financial lines and specialty teams, having joined ...

A roundup of all the news you need, including Amwins’ restructure of its international underwriting operations.

Van Bakel added that the concentration of assets that were exposed to the wildfire has impacted loss estimates because most wildfires are in boreal forests, where property is not densely concentrated ...

IQUW has appointed Andrew Tongue as lead underwriter to head its credit and political risk team. Tongue joins from Canopius ...

Unicorn Underwriting, an existing UK MGA focused on fleet and commercial risk, is led by Simon Jackson. Contour Underwriting ...