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Jireh Risk Advisors and SRS launch new ILS platform in Bermuda
29 January 2025
Bermuda

Jireh Risk Advisors has partnered with Strategic Risk Solutions (SRS) to launch Strata ILS, an unrestricted special purpose insurer licensed by the Bermuda Monetary Authority

Tennessee workers’ compensation rates decline for 12th consecutive year
24 January 2025
US

Most businesses will benefit from lower workers’ compensation insurance premiums in Tennessee, starting 1 March, according to the Tennessee Department of Commerce and Insurance

WTW unveils new investment management insurance offering in US
24 January 2025
US

Willis, part of WTW, has launched its Investment Management Insurance (IMI) Plus product for US clients

Aon launches life and health reinsurance practice in India
24 January 2025
India

Aon has appointed Renuka Nar as head of broking and Neha Shah as chief actuary of the new unit

Fitch: LA wildfires may cost 30% of European reinsurers' 2025 budgets
23 January 2025
UK

The recent wildfires in Los Angeles could use up more than 30 per cent of the natural catastrophe budgets set by Europe’s largest reinsurers for 2025, according to Fitch Ratings

DIFC and Lloyd’s partner to develop insurance talent in Middle East
22 January 2025
UAE

The Dubai International Financial Centre Academy and Lloyd’s Academy have signed a MoU to collaborate on talent development in the (re)insurance sectors in the region

Gallagher Re: Natural catastrophe insured losses reach US$154bn in 2024
22 January 2025
US

Hurricanes Milton and Helene were the costliest events for insurers in 2024, each causing US$20 billion in insured losses

AM Best upgrades credit rating outlook for The Florida Bar’s captive
21 January 2025
US

AM Best has revised the outlook to ‘positive’ from ‘stable’ for the long-term issuer credit rating for Florida Lawyers Mutual Insurance Company

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