News

Alternative Risk Transfer

Arch MI ‘pleased’ with new indemnity reinsurance

The transaction covers potential losses on nearly $30.5bn in mortgages for MI policies.   19 August 2024

Reinsurance

Tailwinds turn to headwinds for casualty: webinar debate

As casualty starts to experience turbulence, greater discipline is needed by all. That was one headline finding by a panel of senior casualty executives.   19 August 2024

Reinsurance

Austral Re profit jumps despite nat cat hit

The company’s gross written premium in the first half increased 13%.   19 August 2024

Insurance

Ernesto gathers strength for Bermuda hit; wind & flood warnings abound

Ernesto will pack an extended punch: tropical storm force winds are already at the door.   16 August 2024

Insurance

Hurricane Debby likely rendered nearly $1.4bn in insured losses: KCC

KCC expects $845m from wind, $130m from storm surge, & $440m from inland flooding.   16 August 2024

Reinsurance

Fidelis suffers 10-pt hit to combined ratio as large losses bite

Reinsurance led amongst segments with a doubling of underwriting profits.   15 August 2024

Insurance

Hurricane Debby loss capped at $1.5bn, reinsurers near clear: Moody’s

National Flood Insurance Program losses are projected to remain below $300m.   15 August 2024

Insurance

Aspen suffers H1 profit hit on insurance margins, investments, OPEX

Gross written premiums rose 16.7%, led by over 40% increase for reinsurance.   15 August 2024

Reinsurance

Reinsurance capital on track for 10% gain in 2024: AM Best & GuyCarp

Traditional players and ILS are taking it all and rising at a matched pace.   14 August 2024

Insurance

Talanx boosts H1 net 32% to €1bn record, led by primary insurance

The group should blow by its €1.7bn net profit goal if hurricane seasons also blows by.   14 August 2024

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