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Property

 

 

New NFIP underwriting model reduces uptake, study finds

Policy issuance falls as much as 39% under Risk Rating 2.0

United States Property

US commercial rate increases continue to ease in Q3: WTW

Prices continue to moderate in the third quarter, with D&O, cyber and commercial property lines experiencing decreases, broker says

United States Willis Towers Watson

BMS opens office in Dubai free zone

Ranji Sinha to lead broking group’s DIFC regional hub

United Arab Emirates Middle East and Africa

Global natural catastrophe losses reach $107bn in 2025: Swiss Re

Global insured losses surpass $100bn for the sixth straight year, driven by record wildfire and severe convective storm activity in the US

International North America

AIG receives EU approvals for Everest renewal rights deal

Insurance giant gets green light to proceed with renewal of retail commercial insurance portfolios in Germany, France, Italy, Netherlands, Spain and Ireland

Europe Property

Perils pegs Australia east coast severe storm losses at A$1.1bn

The severe convective storms largely affected Queensland, New South Wales and Victoria in late October and early November

Australia Losses

Acrisure acquires MGA Vave from Canopius

Vave focuses on catastrophe-exposed excess and surplus US property risks

United States Mergers and Acquisitions

Generali Switzerland revamps leadership team

Executive changes follow the separation of Generali Switzerland’s life and non-life business

Switzerland People moves

Getting insurance values right for manufacturing and infrastructure assets

In manufacturing and infrastructure, the question of what counts as a building is less straightforward than it seems – and is fundamental to effective risk management

United Kingdom Property

Chubb names Shead head of property for Overseas General Insurance

Shead most recently served as Chubb Overseas General Insurance’s head of fire

International People moves

Ageas to take full ownership of AG Insurance

International group to acquire outstanding 25% in Belgian subsidiary

Europe Mergers and Acquisitions

Jamaican parametric protection extended to households

CCRIF SPC’s new parametric insurance product aims to safeguard vulnerable communities after storms, hurricanes and extreme rainfall events

Jamaica Climate change
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