Articles

Insurance

Insurers take 12k claims for $89.5m on first data call post-Debby

Insurers face two more data call deadlines this week following the August 5 landfall.   13 August 2024

Insurance

Canopius profits soar over 50% in H1 2024, underwriting margin slips

CEO Robertson bullish on profitable growth and balance sheet, backed by prudent reserving.   12 August 2024

Reinsurance

Hannover Re claims 16% Q2 revenue growth in P&C, tightens margins

Large losses are down, but Hannover Re warns on rising frequency of secondary perils.   12 August 2024

Insurance

Beazley’s property appetite won’t wane on slowing rate as E&S shines

Some 1/3 of Beazley’s E&S property will shift from Lloyd’s to new US platform this year.   9 August 2024

Reinsurance

Allianz bullish on full-year targets after Q2 profit jump

The company affirmed its 2024 operating profit outlook at nearly €14.8bn.   9 August 2024

Reinsurance

Munich Re wants to add more ‘global’ to its specialty drive

A chiefly organic drive is mulled, but the units’ initial market in the US could see M&A.   8 August 2024

Insurance

Zurich grows bottom line 7% H1 even as P&C stalls

Insurance revenue growth may have slid notably in Q2; retail margin falters.   8 August 2024

Reinsurance

Munich Re sees strong market through 2025, but need not pump volumes

Reinsurer discipline will hold amid a need to ‘earn now what they couldn’t for so long’.   8 August 2024

Reinsurance

Munich Re slashes casualty at July renewal; total book shrinks

Risk-adjust price gain of 0.6% up from 4.1 and 1.1 thanks to change in mix.   8 August 2024

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

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