Beazley shares climb 5.7% and Hiscox gains 3.8% in positive week for insurance and reinsurance stocks

Catastrophe modellers expect the bulk of the claims to come from Palisades fire, which struck exclusive neighbourhood, as new fire breaks out in Santa Clarita

Former PartnerRe chief executive succeeds Miller at Canadian giant

Bermuda-based group confirms Jim Williamson as successor to Juan Andrade

Latest results from across the market

Move seeks to drive growth and ‘reinforce role of mutuals’ in the Canadian market

Nebraska posts greatest year-on-year increase of 22.7%, with five other states seeing jumps of more than 20%, S&P analysis finds

Law creates fire management plans, but opponents say it weakens safeguards

Aviation and aerospace wholesale agency represents Core Specialty’s 18th business unit

Flood insurance programme’s traditional reinsurance placement increases 22% year-on-year

Home and motor insurer is considering whether to treat the Eaton and Palisades fires as separate events under its catastrophe reinsurance treaty

But insurers and Republicans object to Federal Insurance Office study, saying evidence is flawed

Rating agency highlights group’s ‘geographic concentration’ in California and its ‘meaningful exposure’ to natural catastrophes

The country’s insurance sector remains profitable despite a recent spike in losses, but lower investment income and Trumponomics present challenges

Kinzer to lead unit focused on construction, surety and financial lines

Property/casualty sector swings to underwriting profitability in 2024 as combined ratio improves to 99.5%