Tag: Reinsurance

Minnesota Homeowner Insurance Rates Impacted by Severe Weather Cost Increases

Homeowner insurance rates in Minnesota are rising due to increased severe weather costs and policy deductible challenges, prompting state task force review.

California’s Property Insurance Challenges: Market Retreat, Rising Rates, and Regulatory Responses

Explore the challenges and regulatory responses shaping California's property insurance market amid wildfire risks and rising reinsurance costs, highlighting insurer withdrawals and evolving consumer protections.

Bridgehaven Completes Acquisition of SureStone Insurance to Expand EU Presence

Bridgehaven finalizes acquisition of SureStone Insurance DAC, advancing its European expansion and strengthening MGA partnerships across the EU.

AM Best Updates Outlook for U.S. Homeowners Insurance to Stable

AM Best revises U.S. homeowners insurance outlook to stable, citing moderating premium growth, improved catastrophe risk management, and better reinsurance conditions for 2025.

Global Property Damage Insurance Market to Reach $1.3 Trillion by 2034

Explore the global property damage insurance market trends, driven by climate risks, technological innovation, and major M&A deals, projecting $1.3 trillion market value by 2034.

MetLife Finalizes $10B Variable Annuity Risk Transfer Deal with Talcott

MetLife completes $10 billion variable annuity risk transfer with Talcott, reducing portfolio risk while retaining policy administration. Part of a broader strategy involving reinsurance and legacy business risk mitigation.

Venerable Strengthens Variable Annuity Flow Reinsurance Leadership

Venerable appoints Alexandra Findleton as head of flow reinsurance, expanding its role in variable annuity flow reinsurance through strategic deals with Corebridge and SunAmerica, boosting assets under management.

Climate Change and U.S. Property Insurance Crisis: Regulatory Responses and Solutions

Exploring how climate change drives the U.S. property insurance crisis, analyzing state regulatory responses, and reviewing proposed insurer, land-use, and federal policy solutions.

Swiss Re Updates Underwriting Guidelines to Expand HIV Insurance Coverage

Swiss Re revises underwriting manual and introduces AI tool to improve HIV risk assessment, enhancing life insurance access for people living with HIV.

Heritage Insurance Holdings Surges on Strategic Growth and Risk Diversification

Heritage Insurance Holdings (HRTG) outperforms peers with strategic underwriting, geographic diversification, and strong reinsurance amid positive earnings forecasts for 2025.