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Munich Re pushes past the cats to boost Q2 margins
Reinsurance
Munich Re pushes past the cats to boost Q2 margins
Q2 major losses rose 60% y/y to €957m; leaving more than 5 ratio points to overcome.   8 August 2024
US surplus lines grew 10% in H1 ’24, property submissions slow
Insurance
US surplus lines grew 10% in H1 ’24, property submissions slow
Momentum shifts to stressed non-core E&S lines; auto, residential take E&S growth podium.   6 August 2024
Natural disasters rack up $60bn in insured losses in H1 2024: Swiss Re
Insurance
Natural disasters rack up $60bn in insured losses in H1 2024: Swiss Re
Severe US thunderstorms piled up $42bn, 87% above ten-year average.   7 August 2024
Reinsurance
Arch went cat-shy mid-year as forecasts raged, but could swing any day
With a full field of well-priced lines, why chase cat ‘at the risk of being unlucky?’.   5 August 2024
Insurance
The Hartford ups E&S binding 90% y/y Q2 in its small market drive
Amwins and Ryan Specialty were recently taken on to spearhead the initiative.   29 July 2024
Insurance
Troubled insurtech unicorn formerly backed by Hollywood actor exits key market
The company has cut back its underwriting and some of its top leadership in a turnaround effort.   2 August 2024
Insurance
Gallagher says E&S accelerates even as doors open to admitted carriers
Wholesale submission rates have Gallagher looking to ever higher E&S growth in ’24.   26 July 2024
Reinsurance
Munich Re enjoys upgrade, ‘well with peers’ on profit, better in diversification
S&P says Beryl, CrowdStrike, Baltimore losses likely within Munich Re’s loss budget.   26 July 2024
Insurance
AIG and Ryan Specialty strike excess & surplus lines deal
Peter Zaffino said the deal is a major milestone for AIG and its MGU Private Client Select.   26 July 2024
Insurance
Commercial rates remain volatile; most Q2 gains at cycle highs: Ivans
Umbrella is a rising line to watch after May spike; commercial property returns in June.   26 July 2024

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