News
KCC estimates $28bn insured losses for Palisades, Eaton fires
Insured loss estimate based on high-resolution KCC US Wildfire Reference Model.
Lockton Re Capital Markets appoints UK structuring, cyber ILS leader
New ILS hire in London joins Lockton Re from rival reinsurance broker Gallagher Re.
Aon names Nar to lead new India L&H reinsurance practice
Joining from Howden and Gen Re, respectively, Renuka Nar and Neha Shah are named by Aon in Indian life and health leadership roles.
Last year's insured losses reached $145bn globally – Aon Cat Report
Report reveals 60% of economic damage caused by catastrophes in 2024 was uninsured; insured losses reached $145bn globally – the sixth costliest year on record.
LA firestorm: $20-30bn insured loss estimate from Moody’s RMS
Cat modeller’s preliminary estimate range reflects impacts observed to date, with significant uncertainty.
Battleground over soft skills: interview with Gracechurch’s Ben Bolton
People think there’s a battle being fought over technology, but the London market needs to be more responsive, and better at sales skills, according to Gracechurch Consulting’s founder.
WEF: ‘Escalating’ environmental, geopolitical, social, technology challenges
War risk is the biggest immediate fear, imperilling stability and progress, while technology and the environment loom large and dominate medium long term concerns, according to the 20th edition of the World Economic Forum’s (WEF) Global Risks Report 2025.
Munich Re appoints Schwimmer to lead specialty reinsurance, Lloyd’s and Bermuda
Christa Schwimmer has been with Munich Re for 23 years, starting in 2002 as a property treaty underwriter for Japan.
Arch Insurance EU appoints Smith CEO
Duncan Smith is promoted to lead Arch’s European Union subsidiary in Dublin.
David Howden plea to brokers stresses London’s ‘untapped potential’
In a rapidly evolving geopolitical landscape, insurance alone has the power to de-risk potentially trillions currently sitting untouched on company balance sheets, according to Howden Group’s chief executive.
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