Property
Chubb to buy Liberty business in Thailand and Vietnam
Liberty operations Chubb is acquiring produced $275m in net written premiums in 2024
Pool Re secures £2.75bn retrocession programme
Retrocession programme provides aggregate excess-of-loss cover for property damage caused by acts of terrorism certified by the UK government
Flood Re appoints Thomas as CEO
Thomas was most recently executive director and chair of the risk and capital committee at UK flood reinsurer
State Farm threatens to drop more California policies
Insurance giant warns of ‘significant non-renewals’ unless the state regulator grants its request for a 22% emergency rate hike
Reinsurance market ‘rattled’ by early losses: IGI’s Jabsheh
Heavy losses in the first two months of the year could put an end to rate reductions seen at the January renewals, carrier's chief executive says
Results round-up: Aspen, HCI, American Coastal and Root
Latest results from across the market
Hiscox London Market to return to growth in 2025: CEO
Aki Hussain says favourable market conditions and new products will drive growth this year after division shrank in 2024 amid casualty cycle management and space exit
Swiss Re P&C reinsurance FY profits drop 20% on $2.6bn reserve strengthening
Reinsurance giant estimates California wildfire losses at $700m
Citizens’ policy count drops 100,000 with latest takeout round
Latest policy reduction takes Florida’s last resort insurer to its smallest book of business in nearly three years
Results round-up: Hamilton, Skyward Specialty and Amerisafe
Latest results from across the market
Hiscox books record full-year profit of $685m
Profits in London market business decline 18% in 2024 as division bears brunt of carrier's $1.6bn claims bill
Climate change poses existential risk to property insurance
All players in the property insurance ecosystem must help clients and communities harness property insurance as a tool for climate adaptation, or they risk becoming irrelevant
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