Casualty
Inflation added around $250bn to US liabilities from 2015 to 2024
Claim frequency is falling, but severity rising, report finds
The rise of ‘forever chemicals’ poses liability challenges for insurers
Insurers are increasingly scrutinising the PFAS liability landscape, and are likely to demand more robust disclosures, risk assessments, and evidence of mitigation
Axis CEO: US casualty portfolio still rate adequate
Vincent Tizzio highlights opportunities in wholesale lower middle-market segment
Rating agencies adopt negative outlook on Everest
Moody’s and AM Best express worries about Bermuda-based group’s casualty reserves and new business plan
Canopius names Rudd COO for Apac
Specialty carrier hires Arch Underwriting director to support Asia-Pacific growth
S&P Global upgrades IGI rating to A
Rating agency cites carrier’s ‘strong track record’ and low combined ratios
HDI Global Canada launches sports product
Corporate and specialty lines carrier expands sports, entertainment and contingency portfolio
RenRe profits surge on low catastrophe losses and favourable PYD
Bermuda-based group posts strong earnings beat as operating income jumps 36% to $733m and combined ratio falls to 68.4%
Everest refocuses with renewal rights deal and $1.2bn reserve cover
Bermuda-based group sharpens insurance focus on global wholesale and specialty lines
LM RE appoints Aldwinckle international casualty CUO
In his new role, Aldwinckle will be responsible for overseeing LM Re’s international casualty portfolio
Carbon Underwriting well placed to navigate softening market: Ferrier
Lloyd’s insurer’s new chief executive, Jacqui Ferrier, says the business is in a strong position to manage tougher market conditions
MS Amlin appoints casualty reinsurance heads
Lloyd’s carrier appoints Pinder to lead US casualty reinsurance and Kimber as international and cyber reinsurance head
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