News

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

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

Talanx boosts H1 net 32% to €1bn record, led by primary insurance

The group should blow by its €1.7bn net profit goal if hurricane seasons also blows by.   14 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

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

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

Technology

Howden MGA DUAL pads US C-suite for major tech innovation

The new CIO arrives from National Interstate with 25 years experience across industries.   16 August 2024

Alternative Risk Transfer

Cat bonds well on track for record year; cash flows lead the market

Swiss Re counts a record $12.3bn in H1 across 49 dals, but only 7.4% net market gain.   15 August 2024

Reinsurance

Reinsurance capital on track for 10% gain in 2024: AM Best & GuyCarp

Traditional players and ILS are taking it all and rising at a matched pace.   14 August 2024

Insurance

Hurricane Debby loss capped at $1.5bn, reinsurers near clear: Moody’s

National Flood Insurance Program losses are projected to remain below $300m.   15 August 2024

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