News
Insurance
Last year was tough for reinsurers, with hurricanes Florence and Michael, typhoon Jebi and California wildfires helping to rack up losses, said global credit rating agency AM Best. 30 August 2019
Alternative Risk Transfer
Cat bonds could continue to dominate as cedents pack higher layers of reinsurance cover. 5 September 2023
Insurance
Fewer catastrophe losses in 2018, along with better underwriting performance by smaller mutuals, have led to better overall results for AM Best-rated US property/casualty (P/C) mutual insurers. 14 October 2019
Reinsurance
CEO Albo hails ‘remarkable business transformation’ and improved underwriting. 2 May 2024
Insurance
There are signs CMIG will assert more control. 5 March 2020
Insurance
Analysts suggest legislation forcing insurers to pay for COVID-19 BI losses could wipe out half of their capital. 6 May 2020
Insurance
Counting out Florida, California accounts for 10% of US market, but 18% of defence costs. 26 September 2023
Insurance
The agency said that bushfires will be one of the costliest on record in terms of the volume of insured losses. 17 February 2020
Insurance
The potential direct impacts are expected from medical, personal accident, mortality, travel and business interruption claims. 25 February 2020
Insurance
The industry increased its holdings in structured notes by one-third over a three-year period 26 November 2019
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