Turkiye: MAPFRE Sigorta reports strengthened capitalisation

Published on July 16, 2025
MAPFRE Sigorta's regulatory solvency ratio strengthened to 132% at end-2024 from 109% at end-2023, due to an increase in shareholders' equity arising from very strong retained earnings and capital
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US wildfires & SCS push global insured losses to at least $100bn in H1’25: Aon

July 15, 2025
Global insured losses from catastrophe events in the first half of 2025 increased to at least $100 billion, the second highest on record after 2011’s $140 billion, driven by the Los Angeles wildfires and severe convective storm (SCS) activity in the US, reports insurance and reinsurance broker Aon.The broking group’s Catastrophe Insight team has released its first half 2025 global catastrophe reca

ABIR announces Gallagher Re as its newest member

July 16, 2025
The Association of Bermuda Insurers and Reinsurers (ABIR) has added Gallagher Re, a global reinsurance broker, to its list of member companies.Gallagher Re is part of Gallagher, an insurance brokerage, risk management, and consulting group. The reinsurance division employs around 2,400 people across 30 countries.Gallagher has operated in Bermuda since 1975, when Arthur J. Gallagher & Co. first est