CEO Eric Steigerwalt highlighted 2024 as a year of both achievements and challenges. He emphasized the company's progress on strategic initiatives aimed at improving capital efficiency and maintaining ...

A Hannover Re stalwart has launched his own full-service reinsurance managing general underwriter (MGU) as a response to the ...

During global insurer AIG's full-year 2024 earnings call, CEO Peter Zaffino provided a sobering outlook for the insurance and ...

Los Angeles, California-based insurer Mercury General expects gross losses from the January 2025 wildfires to amount to $1.6 ...

Australian primary insurance giant Suncorp Group is assessing "alternative" reinsurance structures for its next renewal at ...

At the January 2025 reinsurance renewals, AIG improved the terms of its aggregate catastrophe reinsurance protection, ...

In line with its recent expansion, Bermuda-based underwriter and reinsurance investment platform MultiStrat has named Maryam ...

He noted the success of AIG Next, which achieved $450 million in run-rate savings by year-end. Keith Walsh, CFO, explained the impact of the organizational changes, which included improvements in ...

The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...

California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...

It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.

MultiStrat, the specialist underwriter and reinsurance investment platform, has hired Maryam Abdullah as head of pricing.