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Re/insurers should not focus too much on event frequency when it comes to windstorm risk—just like real estate, location (where a hurricane makes landfall) is everything, Karen Clark, chief executive officer of Karen Clark & Company (KCC), told Monte Carlo Today. 10 September 2022
Insurance
The reinsurer ‘maintained’ profitability despite the consequences of Ukraine war and nat cat. 9 September 2022
Insurance
The market reserved £1.1bn net of reinsurance for claims related to the war in Ukraine. 8 September 2022
Insurance
‘Pricing dynamics is really on a level we have not seen in a really long time.’ 8 September 2022
Insurance
The insurer expects reinsurance costs will follow the spectacular decline in loss ratios. 7 September 2022
Insurance
The move is expected to bring a gross written premium of £135m for 2023. 7 September 2022
Insurance
Inflation moves too fast to judge if current countermeasures will prove adequate. 6 September 2022
Insurance
Repricing can’t solve the full problem; hit to underwriting margins & reserves inevitable. 5 September 2022
Insurance
Can’t blame the cats: 3.0 pt. combined ratio rise came against 1.6 pt. cut to cat impact. 2 September 2022
Reinsurance
With Florida’s re/insurance market potentially just one major storm away from collapse, an Intelligent Insurer panel hammers out what needs to happen to make a real difference and, spoiler alert, Citizens is not their final answer. 2 September 2022
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