Top Section
Everest Re’s CoR falls 4.1 points, driven by $110mn cat loss reduction
The Bermudian reported $15mn in catastrophe losses for the quarter, down from $125mn in the same period last year.
Latest News
The carrier said it achieved average risk-adjusted price increases of 30% on cat business.
Human rights groups have issued a complaint to a US mediation body alleging that Marsh has violated OECD guidelines for corporate standards.
The lessor is looking to recoup the value of a B777-300ER aircraft, which is still in Russia.
DAE is arguing that, if its battle against its war insurers should fail, then it has grounds to push for a total loss under the terms of its all-risk policy.
Opinion
Opinion
Three risks Zaffino must master to make a success of Ascot
The in-coming CEO must ensure a smooth transition, land the “London-out strategy” started by Brooks, and handle CPPIB’s exit.
Most Read
-
Three risks Zaffino must master to make a success of Ascot
08 February 2023 -
Hannover Re grows cat premium by 30% at 1.1
08 February 2023 -
Cat events erode 47% of Suncorp aggregate XoL deductible in H1
08 February 2023
Analysis
Marine and aviation markets among most active parts of the industry in recent months, data shows.
Early evidence is leading the (re)insurance market to hope the storm can avoid the development curve of its 2017 predecessor Hurricane Irma.
Annual reviews of natural disaster activity highlighted drought – which can also heighten risk of fire and flood losses – as an increasingly important secondary peril.
Cyber rates in excess layers saw decreases of mid-single digits to low double digits in the last quarter while primary layers remained flat or experienced low rate rises.
More News
-
Beazley appoints ex-Phoenix CEO Bannister as chair designate
08 February 2023 -
AIG’s global head of aerospace Eccles departs
07 February 2023
-
Ark adjusted combined ratio for Q4 improves by 10 points to 57%
07 February 2023 -
DAE hits back at war insurers in UK High Court battle
07 February 2023
Interviews
Interviews
In an interview with this publication, the CEO admitted the transition “took longer than any one of us would have wanted”.
CEO Nick Cook said the company also plans to invest in an international MGA strategy and a capital advisory unit, with 149 hires budgeted this year.
Beazley’s $45mn first-time cyber cat bond offered all-perils coverage, though some expected early deals to start with limited scope.
Group CFO and incoming president of insurance Jeremy Noble has told Inside P&C that the insurance operation is where Markel sees the most upside potential.
Upcoming Events
Trading Risk London ILS 2023
Navigating market turbulence: signalling a change in the alternative reinsurance market
Venue London
Inside P&C Honors 2023
Recognizing the very best in the Latin American (re)insurance market
Venue Miami
From our other titles
From our other titles
From Inside P&C
Q4 results early view: Brokers and commercial carriers attempt synchronized swim
Broker and commercial carrier trends align on economic indicators but diverge on stock performance and 2023 consensus estimates.
From Trading Risk
Hurricane Ian: The gravity-defying Florida loss?
Early evidence is leading the (re)insurance market to hope the storm can avoid the development curve of its 2017 predecessor Hurricane Irma.
From Inside P&C
Chubb’s measured stance on loss costs should set the tone for the industry
As ITC Vegas begins, the Inside P&C Research team explores the discussions needed among InsurTechs to address questions around capital, partnerships, and profitability prospects.
From Insider Engage
Managing inflation risk on both sides of the balance sheet
Insurance brokers and M&A lawyers have reported ever more interest for representation & warranties insurance in Latin America in recent years.
