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Articles for 30 April 2025
Daily Digest: Arch CEO bullish on growth, Cyber reinsurance market needs diversity, PRA tweaks climate risk guidance
Catch up on the essential news and analysis from the Insurance Day experts
Online Published Date: 2025-04-30T19:40:13
Arch positive on growth despite headwinds: Papadopoulo
Chief executive says ‘plenty of profitable opportunities remain’ amid tighter capacity and trade wars
Online Published Date: 2025-04-30T18:40:08
PRA to tweak guidelines for managing climate risk
New framework stresses climate scenario analysis and better governance
Online Published Date: 2025-04-30T16:40:17
Iberian power outage losses pegged at up to €300m
Morningstar DBRS expects financial losses related to insurance claims from Iberian Peninsula electricity outage will be manageable
Online Published Date: 2025-04-30T15:40:11
Cyber reinsurance market needs greater diversity: Howden
Increased retrocession capacity needed to support growth of non-proportional cyber reinsurance market, broker argues
Online Published Date: 2025-04-30T15:40:11
Yemen sanctions breaches void P&I cover: International Group
Stringent due diligence needed, insurers warn, after three vessels blacklisted
Online Published Date: 2025-04-30T14:40:11
Aon expands marine expertise with Atlas acquisition
Global broker acquires Israeli marine and cargo specialist Atlas Insurance Agency
Online Published Date: 2025-04-30T13:40:11
Georgia signs insurance reform bills into law
APCIA applauds bills that limit third-party litigation funding and attempt to restrain damage awards
Online Published Date: 2025-04-30T13:40:11
Peak Re adds second Black Kite catastrophe bond
Latest bond secures $50m reinsurance protection for earthquake and typhoon risks in Japan and introduces parametric earthquake cover for China and India
Online Published Date: 2025-04-30T12:40:13
Aspen earnings fall as carrier gears up for IPO
Bermuda-based re/insurer reports profits halved in the first quarter of the year as combined ratio climbs 9.5 points to 96.1%
Online Published Date: 2025-04-30T10:40:10
Arch profits fall 28% in Q1 amid wildfire losses
Bermuda-based carrier books quarterly combined ratio of 90.1% as wildfire losses surpass $540m
Online Published Date: 2025-04-30T09:40:12