Insurance Day is part of Maritime Intelligence

This site is operated by a business or businesses owned by Maritime Insights & Intelligence Limited, registered in England and Wales with company number 13831625 and address c/o Hackwood Secretaries Limited, One Silk Street, London EC2Y 8HQ, United Kingdom. Lloyd’s List Intelligence is a trading name of Maritime Insights & Intelligence Limited. Lloyd’s is the registered trademark of the Society Incorporated by the Lloyd’s Act 1871 by the name of Lloyd’s.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction

Reinsurance

 

 

Aon pegs Q1 insured losses at $20bn

US severe convective storms and winter weather account for majority of losses

Reinsurance Aon

AM Best upgrades SiriusPoint ratings to A

Ratings agency cites disciplined underwriting, portfolio de-risking and reduced catastrophe exposure behind the move

Bermuda SiriusPoint

Claims litigation surges since introduction of Insurance Act

Case volume rise 180% in the 10 years since the Insurance Act came into force

Claims Management United Kingdom

Morningstar backs European nat cat pool proposal

Plan would close protection gap and increase financial stability, rating agency says

Europe Reinsurance

Hamilton launches $300m casualty sidecar

Bermuda firm partners with Sixth Street on first casualty sidecar

Reinsurance People moves

More than two-thirds of carrier M&As add value, study finds

Carriers that seek economies of scale often lose out, according to Acord

International Mergers and Acquisitions

California authority calls for state-backed wildfire cover

Agency backs stronger measures to extend wildfire cover and more mitigation

United States Climate change

Swiss Re names Revell global head of marine and energy

Revell has more than 30 years of reinsurance experience

People moves Reinsurance

Reinsurers exposed to $150bn in Iran war liabilities

Marine carriers bear more than $45bn in exposure on hull-only policies, while aviation hull liabilities come to about $35bn, says Guy Carpenter

Strait of Hormuz crisis Reinsurance

Reinsurance demand up 10% at April 1: Aon

Reinsurance capital reaches record level of $785bn

Reinsurance Renewals

Reinsurance pricing continues to soften at April 1

Pricing on Japanese cat XL programmes falls by up to 20%, as Middle East conflict had little impact on renewals, Howden Re reports

International Japan

AM Best keeps stable outlook on London market

London market should see profits in 2026 despite softening in some lines

Strait of Hormuz crisis Property
See All
UsernamePublicRestriction

Register