Surety capacity expected to be stable in Australia and increase in Asia

Published on 24 June 2025
The surety market is maturing quickly and growth is likely to continue, according to Aon's 2025 Global Construction Insurance and Surety Market report.
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Citizens secures $4.49bn risk transfer target for 2025 with lower ROL for new reinsurance

23 June 2025
Florida’s Citizens Property Insurance Corporation, the state’s insurer of last resort, has cited favourable market conditions as it was able to successfully place its target risk transfer programme of $4.49 billion for the 2025 wind season, which includes $2.89 billion of new coverage from the traditional reinsurance and capital markets.Back in April, the Citizens Board approved the carrier to loo

Chubb’s Westchester appoints Dave Roberts as Chief Operating Officer

24 June 2025
Westchester, global insurer Chubb’s excess and surplus lines division, has announced the appointment of Dave Roberts as Chief Operating Officer.In this role, Roberts will oversee operations for Westchester’s recently established Property, Casualty, and Financial Lines Business Practices, which include Digital, Middle Market, Programs, Operations, and IT.He will report to David Lupica, Vice Preside