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Insurance
Allstate Q1 nat cat tally tames to $731m versus prior year slaughter
March rose to $328m, chiefly on a single hail event; no mention of convective storm.   18 April 2024
Insurance
AIG shrinks 35% on asset sales, claims low single digit underlying growth
Int’l commercial lines gained enough margin to recoup profits lost on asset sales.   2 May 2024
Reinsurance
McGill launches Swiss Re-led fire safety reinsurance facility
It is designed to improve the availability of insurance for UK buildings.   4 April 2024
Reinsurance
Andreas Berger will hit the road as CEO to vow Swiss Re can hold course
A global round with manifold stakeholders will kick-off Swiss Re’s Berger era.   12 April 2024
Insurance
Leadership shift at Fairfax’s Odyssey, third CEO appointed in 28-year history
Its CEO of 14 years will move to parent Fairfax as president.   7 May 2024
Alternative Risk Transfer
Mexico ‘setting the standard’ with $175m World Bank cat bond for hurricane risk
New bond significantly expands Mexico’s coverage for Pacific hurricane risk.   17 May 2024
Reinsurance
Bermuda regulator urges re/insurer to report on Baltimore bridge exposure
The estimates should include property, liability & contingent business interruption losses.   15 April 2024
Insurance
Everest spreads wings to Australia, eyes major expansion in Asia Pacific
The move is part of its international expansion strategy.   14 May 2024
Insurance
Upward pressure on liability rates rising to-date in 2024: Gallagher
Concerns over liability rate adequacy ‘seem to be louder today’ than just one month ago.   26 April 2024
Insurance
Near-term, UK cyber rates may slide; mid-term it’s anybody’s guess: AJG
Capacity says rates must go down, unknown unknowns say rates could go anywhere.   22 April 2024

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