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FEMA pegs up to $7bn hit to NFIP from Hurricane Helene claims
Insurance
The NFIP has paid out roughly $830m, with over 55,000 claims reported as of Nov 7.   13 November 2024
Allianz won't likely part ways with asset management unit AllianzGI
Insurance
The unit is key to the Allianz offer, but CFO comment doesn’t rule out all options.   13 November 2024
Allianz commercial lines down Q3 on asset sale & select volume decline
Insurance
Margin recovery in retail closes some of the gap to commercial, drives forecast upgrade.   13 November 2024
Alternative Risk Transfer
Fitch: The 144A cat bond may face competition from revived collateralised reinsurance.   13 November 2024
Reinsurance
He will be replaced on the board of management by the incoming Hannover Re CEO.   12 November 2024
Reinsurance
Newly minted CEO Berger has the credentials to call the Q3 write-offs a turning point.   12 November 2024
Reinsurance
The move aims to ensure its operating model ‘is well structured for the next chapter’.   12 November 2024
Reinsurance
The appointee is expected to enhance its client offering and support expansion plans.   12 November 2024
Reinsurance
The Hannover Re CEO won’t disappear entirely and will remain involved ‘in the background’.   11 November 2024
Reinsurance
A continued trimming of retrocessions should push property cat to above-par growth.   11 November 2024

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