Articles

Reinsurance

Austral Re profit jumps despite nat cat hit

The company’s gross written premium in the first half increased 13%.   19 August 2024

Insurance

Verisk partners with Clarksons on new offshore renewable energy module

It aims to allow insurers to better assess risks and make informed decisions.   21 August 2024

Reinsurance

Tailwinds turn to headwinds for casualty: webinar debate

As casualty starts to experience turbulence, greater discipline is needed by all. That was one headline finding by a panel of senior casualty executives.   19 August 2024

Insurance

Ryan Specialty to acquire insurtech MGU

The deal is set to expand the company’s specialty healthcare offerings and presence in key sub-verticals.   20 August 2024

Reinsurance

SiriusPoint nearly doubles Q2 profit, MGA consolidation paying off

The re/insurer trimmed expenses and benefited from a jump in other revenues.   2 August 2024

Reinsurance

Fidelis suffers 10-pt hit to combined ratio as large losses bite

Reinsurance led amongst segments with a doubling of underwriting profits.   15 August 2024

Insurance

Hurricane Debby likely rendered nearly $1.4bn in insured losses: KCC

KCC expects $845m from wind, $130m from storm surge, & $440m from inland flooding.   16 August 2024

Insurance

D&O remains soft through Q2 on heavy competition and capacity: Aon

Insureds expand cover as Aon’s global D&O dashboard flashed green across all major regions.   16 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

Allstate suffers $587m in July cats, $226m on just Hurricane Beryl

Sums have generally run well below the heavy-hitting 2023 tally, despite record May burst.   16 August 2024

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