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California candidates call for big interventions in insurance market

Leading gubernatorial candidate wants a price freeze, while insurance commissioner candidate Jane Kim is calling for a public natural disaster insurance system

United States Casualty

Santam appoints Geddes CEO for syndicate 1918

Former MS Amlin executive to lead Africa insurer’s newly-launched Lloyd’s syndicate

Lloyds People moves

Middle East conflict could become costliest PV loss on record

Insured political violence and terror losses arising from the conflict could reach $3bn, Howden Re estimates

Strait of Hormuz crisis Property

Illinois bills would allow regulator to quash rates

NAMIC and APCIA object to bills, which state governor pledges to sign

Property United States

Marsh's captive portfolio nears $80bn

Marsh-managed captives saw gross written premiums increase nearly 3% to $79.1bn in 2025

Marsh International

1-in-100 year uninsured US residential property exposure surpasses $375bn

Moody’s analysis highlights widening gap between growing flood risk and insurance coverage, with risk most concentrated in Southeastern coastal areas

Property Climate change

Global P&C premium growth slows in 2025

Property and casualty insurance premiums grew by 3.8% to €2.32bn last year, Allianz report finds, as pricing normalises after boom years

International Property

UIB hires head of international property

Lloyd’s broker hires Linden Vytelingum from Willis

Property Broker

Perils lowers loss estimate for Australia’s November storms to A$2.94bn

Latest figure, which covers property and motor hull lines of business, is slightly lower than loss aggregator’s second estimate

Property Losses

Nat cats imperil 56% of planned US data centres

Nearly $800bn of US data centre investment exposed to storms, hurricane and quake risk, MS Amlin analysis reveals

Property Specialty

Storms cause another nine-figure loss week in US

Hurricane-force winds recorded in several locations

North America United States

NOAA says ‘below-normal’ Atlantic hurricane season likely

El Niño may intensify Pacific season while breaking up Atlantic storms

Property Reinsurance
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