Articles

Reinsurance

Berkshire Hathaway hit by reserving, cat losses in Q3; Geico a bright spark

Guard Insurance reserving and remediation sink primary, cats and legal claim hits reinsurance.   4 November 2024

Insurance

Property rate trend reversed Q4 as storms gave pause: Ryan Specialty

CEO Turner believes the market is now in a ‘minus 5 to flat to plus 5” range.’   4 November 2024

Insurance

Kova begins underwriting PI business via Hadron capacity agreement

The five-year capacity agreement is supported by Accelerant Risk Exchange.   4 November 2024

Insurance

Marsh unveils carbon credit risk facility backed by Sompo, Brit, Talbot

It aims to manage the risks associated with fake carbon credits in the UK, EU, and US.   4 November 2024

Technology

Trium partners with CyberCube to enhance data & analytics

Trium will access CyberCube’s cyber risk analytics platform and accompanying API.   4 November 2024

Insurance

Hurricane Milton may cost Chubb up to $300m

The estimate included losses generated from the company's commercial and personal property/casualty insurance and reinsurance businesses.   4 November 2024

Reinsurance

US casualty reinsurance nears tipping point on extra reserving

Lockton Re data suggests the 2020-2023 hard market block is likely to develop ‘favourably’.   4 November 2024

Reinsurance

Berkshire Hathaway faces losses of up to $1.5bn from Milton

Losses from Hurricane Milton followed $585m in losses from Hurricane Helene in Q3.   4 November 2024

Insurance

New hurricane likely in Gulf of Mexico; storm approaches Portugal

A new Caribbean disturbance could reach hurricane status late Tuesday, on path to Gulf of Mexico.   4 November 2024

Reinsurance

Property cat looks strong, rising supply tempers storm jitters: Arch

Arch prefers property cat in the primary market; E&S deals look ‘really attractive.’   1 November 2024

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