News

Insurance

US P&C may grow premiums, but can’t hold the lien on profit: Swiss Re

Swiss Re Institute ups forecast for premium, but adds 3 pts to 2022 combined ratio estimate.   20 October 2022

Insurance

CFC taps Beazley for new innovation head

The recruit remains in his role as co-chair of the Product Launchpad at Lloyd’s.   20 October 2022

Insurance

Compre builds out medical malpractice insurance book on Covéa purchase

Compre’s makes third purchase in rapid succession in drive started mid-August.   20 October 2022

Insurance

Re/insurance group Everest Re sees $730m Q3 nat cat hit

$600 million impact from Hurricane Ian boosted by ‘significant social inflation in Florida.’   20 October 2022

Insurance

RenaissanceRe eyes $650m Q3 cat hit, all-in for renewals despite loss

The Q3 cat hit fully wipes out year-to-date operating profits.   20 October 2022

Insurance

Swiss Re will meet rising cat demand if it means balanced book

Demand for nat cat may rise by as much as €2.5bn in Germany alone.   19 October 2022

Insurance

Swiss Re warns early renewal talks snagging on retentions

Historic attachment points are now seen as unviable by many.   19 October 2022

Insurance

Arch Capital suffers up to $560 million in Q3 nat cat losses

The estimate could be more than one-quarter above the market consensus hit.   19 October 2022

Insurance

BMS hires fac specialist to drive specialty energy

The new hire previously built the reinsurance division of Ribé Salat in Spain.   19 October 2022

Insurance

Guy Carpenter expands DA capabilities with trio of hires

The new hires come from Gallagher Re, Buckle and RT Specialty.   18 October 2022

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