News

Insurance

Reinsurers may retain upper hand, old days won't return soon: AM Best

Low layers and aggregate covers for earnings protection are off the table mid-term.   29 November 2023

Insurance

French insurers get leg up on inflation, recoup Fitch outlook

The ratings agency sees ‘strong pricing and underwriting actions’ to trim claims inflation.   29 November 2023

Insurance

Delegated authorities ‘still burgeoning’, can handle risk array: AM Best

Tight capacity and uncertainties looming over fronting market remain headwinds.   24 November 2023

Insurance

Property cat reinsurance rate hikes may slip single digit at 1.1: Fitch

Expect ‘less upward pressure’ as traditional reinsurers show appetite, alt-cap tags along.   23 November 2023

Insurance

Howden launches primary cyber & tech E&O facility with Lloyd’s

It is led by Canopius and IQUW with support from three other Lloyd’s company markets.   23 November 2023

Insurance

Swiss Re outlook turns positive on ‘strongly improved’ financials

Fitch expects a significant recovery in earnings in ’23 and further improvements in 2024.   22 November 2023

Insurance

Everest eyes Asia expansion with top AIG hire and key promotion

Former Berkshire Hathaway executive named CEO of Everest Insurance Singapore.   22 November 2023

Insurance

Fannie Mae executes final 2023 credit insurance risk transfer deal

CIRT 2023-9 transferred $270.7m of mortgage credit risk to private re/insurers.   21 November 2023

Insurance

Sompo International suffers commercial margin slide on cats & inflation

Rise in nat cats & inflation doubles what Sompo Int’l added to commercial top-line.   17 November 2023

Insurance

Europe’s Big 4 reinsurers can trace massive 9M ROE gain to T&C reset

The fine print in 2023 renewals put 9M cat losses below budget for all four major players.   16 November 2023

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