Property
Dry spring stokes wildfire fears across Western US
Lack of snowfall means plenty of fuel for wildfires, especially in California and interior Southwest, experts warn
SiriusPoint reports core income up 67% in first quarter
Bermuda-based carrier cuts combined ratio to 88.9% on the back of insurance premium growth and light catastrophe load
Outlook stable for European insurers, Moody's forecasts
Slow growth and war pose concerns but so far no immediate dangers, rating agency says
MS Amlin launches property treaty consortium
Increased per-risk capacity will help support data centre risks
Swiss Re adds $400m to reserves for inflation from Iran conflict
Supply chain disruption and higher energy costs caused by the Iran conflict are expected to push up claim’s costs, chief financial officer warns
Aggregation is a growing risk for data centre insurers: Aon
Insurers are scrutinising hyperscale data centre projects more closely than ever, with resilience, site selection and construction design becoming significant factors in securing capacity, Aon’s global head of property, Ryan Barber, says
Axa XL cuts reinsurance premiums 7% as rates soften
Commercial lines premiums at Axa Group unit rise 2% in first quarter, driven by property and specialty lines
How 100% FDI is rewriting India’s insurance playbook
Increase in foreign direct investment cap will encourage foreign capital and expertise into India and drive increased competition and product innovation
Insurers ill prepared to benefit from AI, study finds
Most firms lack strategies to employ AI to best use, according to Capgemini
Latest US storm wave could see billions in losses
Severe storms at the end of April hit Midwest and south-central US
Aon books 7% corporate broking growth
Broking giant reports 4% organic growth in reinsurance division in first quarter
AIG underwriting profit triples in Q1
Gross written premiums rise 11% to $10bn supported by Everest renewal rights deal and Convex quota-share
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