News

Insurance

US P&C can take margin in ’24 on premium gains & disinflation: Swiss Re

Swiss Re ups its premium growth forecasts from January view; personal lines still lead.   23 April 2024

Insurance

Near-term, UK cyber rates may slide; mid-term it’s anybody’s guess: AJG

Capacity says rates must go down, unknown unknowns say rates could go anywhere.   22 April 2024

Insurance

Travelers still won’t touch Florida, sees further reform needs

Tort reform helped, but mandatory cat costs for admitted players skews the field.   22 April 2024

Alternative Risk Transfer

American Coastal returns to cat bonds after 10-year break, places $200m

The carrier worked via Armor Re, marshalled for issuance of the United Insurance group.   19 April 2024

Reinsurance

Reinsurers show enough cat appetite to clear mid-year Florida renewals

Cedant demand is pushing up the tops of towers, matching reinsurer appetite: GuyCarp.   19 April 2024

Insurance

Allstate Q1 nat cat tally tames to $731m versus prior year slaughter

March rose to $328m, chiefly on a single hail event; no mention of convective storm.   18 April 2024

Insurance

Marsh McLennan grows 9% in re/insurance broking lines, ups margin

Reinsurance broker Guy Carpenter laid claim to $1.1bn in Q1 revenue, up 7% y/y.   18 April 2024

Insurance

Munich Re shakes up P&C underwriting leadership across Asia & Africa

Munich Re claims its Asia & Africa units have grown capacity for a ‘leaner on top’ stance.   18 April 2024

Reinsurance

Insurers won’t rebuild reinsurance as market calms in ’24, survey says

Higher program retentions likely upped nat cat risk 10% for small to medium sized events.   17 April 2024

Insurance

The deal must go on: Fleming forced into JRG RE buy from James River

Fleming had last said it was mounting a full scale appeal to the forced purchase.   17 April 2024

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