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 Peak Re remediation hacks 23 points from combined ratio in 2023
Reinsurance
The reinsurer about-faced on ‘soft market structures’ in property cat for 15% top-line cut.   3 May 2024
European windstorm Ciarán insured losses surges to €2.04bn
Insurance
PERILS has raised the industry loss estimates for the event by an additional 5.5%.   3 May 2024
AIG could trim excess reinsurance in 2025 after completing transition
Reinsurance
AIG as reinsurance junkie: could hike attachment points $500m and still be below peers.   2 May 2024
Reinsurance
Property cat reinsurance demand is rising to double digit pace, focused on top layers.   2 May 2024
Insurance
Int’l commercial lines gained enough margin to recoup profits lost on asset sales.   2 May 2024
Alternative Risk Transfer
Premium cession to the ILS unit rises 50% y/y in Q1; asset mix renders revenue gain.   2 May 2024
Reinsurance
CEO Egan highlighted ‘significant progress’ in reducing its debt.   2 May 2024
Reinsurance
CEO Albo hails ‘remarkable business transformation’ and improved underwriting.   2 May 2024
Insurance
Affinity was Acrisure’s first acquisition in Scotland in 2023.   2 May 2024
Reinsurance
That is according to the CEO of reinsurance at Sompo.   2 May 2024

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